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Question: 1) Write a model explaining beer production (choose the variables you considered necessary to exp…



1) Write a model explaining beer production (choose the
variables you considered necessary to explain production). 2) Use
excel to conduct a regressional analysis. 3) Interpret the results,
significance, and fit of the model. 4) Estimate another model using
as dependent variable the Log(Beer Production) also, if you
consider it convenient you can transform any other independent
variablein log form (the ones you consider convenient). Estimate
and imterpret the model. NOTE: Since this is a time series, use the
variable trenf (this variable accounts for growth rate in beer
prodcution suring the studied period.Question: 1) Write a model explaining beer production (choose thevariables you considered necessary to exp...

Show transcribed image text 4 Capital Corn n Corm Hopsn HopsT Cost of Materials Year Trend Production Breweres Malt Total Emplayes Payroll ($1,000) ProductsRiceSugars n Syrups ($1,000) Expenditures New ($1,00o) 440 2751293954 81811348 299951581 1053108 385 2576405176 876103113 339115 3292665095392 953028027 3249207481 1154 233 8704 19501 88507075407 2707240886 85207481032053005815487515837889575 12058 202130487515829629621 5 1952 389600916 357 2653518877 920372813 33 6 1953 4S0433832 7 195492561057 7305 10 2727540671 1004501475 313680318 113417170 92 2627010323 913593701 375111692108504325 33735717 281 2650552911 871955351 424954817 10940485432938442 264 2517645452 944055897 354691859 252 2577543842 954414553 335354124 244 2613175446 1012355240 330950223 229 2697409939 1058389007 351812754 29 2557455124 103815118 345488387 20 2715251571 1075305335 337923516121331549 211 2745427557 1159394969 295876926115954549 204 2885121764 125 101 983 12 199 10 90973768 93312135 838 13 1980 1194547857 15 1962 13 96417543 17 1964 15 103017915 19 1955 17 109735341 102447112 86 237811073105371656 24 5521588 1325891571 311082178 782 989079 1148082 1565 4640794135 630485050 1164235454 10207448 632380718 115994997 6669984 1513 4548771975642550724 1169359077 1485|4504497947| 602083578|1179458930 2002 53 200397980 90 595114700 1075518949 844555109 0487736 152051458 44550327 447 4357571288 647535814 1001741427 1460 4408539398 527135098 980891350103793555243800415 59 200S 7197759173 7374 347 569290506 859452152 1058945204 61 20089199594723 1574|4500543849 725704121 819012162 1653 4353553310711354103 725358585731737129 1813 4145513431 700751347 713449319 2047 401050380 624275260 694294186 475 4116203525 680590710 716919035 894041114 123829412 2952 3927374011 593254704 724357525 3780 3691377477 574041716 603782859 1148082 64 2011 6192178948 455157113085530 1390948 754 67 20146192539097 14315531 0017894548 1409557241017490052

4 Capital Corn n Corm Hopsn HopsT Cost of Materials Year Trend Production Breweres Malt Total Emplayes Payroll ($1,000) ProductsRiceSugars n Syrups ($1,000) Expenditures New ($1,00o) 440 2751293954 81811348 299951581 1053108 385 2576405176 876103113 339115 3292665095392 953028027 3249207481 1154 233 8704 19501 88507075407 2707240886 85207481032053005815487515837889575 12058 202130487515829629621 5 1952 389600916 357 2653518877 920372813 33 6 1953 4S0433832 7 195492561057 7305 10 2727540671 1004501475 313680318 113417170 92 2627010323 913593701 375111692108504325 33735717 281 2650552911 871955351 424954817 10940485432938442 264 2517645452 944055897 354691859 252 2577543842 954414553 335354124 244 2613175446 1012355240 330950223 229 2697409939 1058389007 351812754 29 2557455124 103815118 345488387 20 2715251571 1075305335 337923516121331549 211 2745427557 1159394969 295876926115954549 204 2885121764 125 101 983 12 199 10 90973768 93312135 838 13 1980 1194547857 15 1962 13 96417543 17 1964 15 103017915 19 1955 17 109735341 102447112 86 237811073105371656 24 5521588 1325891571 311082178 782 989079 1148082 1565 4640794135 630485050 1164235454 10207448 632380718 115994997 6669984 1513 4548771975642550724 1169359077 1485|4504497947| 602083578|1179458930 2002 53 200397980 90 595114700 1075518949 844555109 0487736 152051458 44550327 447 4357571288 647535814 1001741427 1460 4408539398 527135098 980891350103793555243800415 59 200S 7197759173 7374 347 569290506 859452152 1058945204 61 20089199594723 1574|4500543849 725704121 819012162 1653 4353553310711354103 725358585731737129 1813 4145513431 700751347 713449319 2047 401050380 624275260 694294186 475 4116203525 680590710 716919035 894041114 123829412 2952 3927374011 593254704 724357525 3780 3691377477 574041716 603782859 1148082 64 2011 6192178948 455157113085530 1390948 754 67 20146192539097 14315531 0017894548 1409557241017490052

  

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