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Using Excel, run a simple regression. where the number of cigarettes smoked is explained ONLY by the person's annual income (column D). You don't need

Using Excel, run a simple regression. where the number of cigarettes smoked is explained ONLY by the person's annual income (column D). You don't need the residuals or the plots at all so if they're checked, uncheck them. Have it put the results in N2. Interpret the coefficient on price (coefficient and p-value). b. Now run new variable in column E that is annual income squared. Run a second regression where Cigarettes smoked is explained by income and income2 . Put the results in N22. Interpret the results (and don't worry about the p-value here, the squared term won't be statistically significant). c. Now run a new variable in column J that is the inverse of Miles from nearest store (so 1/Miles from Nearest Store). Run a regression where cigarettes smoked is explained by Miles from Store and the inverse of that. Put the results in N43. Interpret those results (and don't worry about the p-value here, the inverse term won't be statistically significant. d. One last regression! Run a regression where the cigarettes smoked is explained by the information campaign. What kind of variable is the information campaign? Put the results in N64. Interpret the coefficient

Cigarettes Smoked This Year Price of cigarette Age of Person Annual Income (in 10,000 $s) Annual Income (in 10,000 $s) Squared Under 18 Law Under 21 Law Information Campaigns Miles from nearest Store 1/Miles from nearest store
2050 2.65 28 1639 1 1 0 7
2080 2.6 15 1088 1 1 0 4
2150 2.664 21 1193 1 1 0 5
2150 2.921 18 1635 1 1 0 6
1999 2.58 19 1732 1 1 0 4
1900 2.58 19 1534 1 0 0 4
1800 2.774 17 1765 1 0 0 4
1560 1.92 16 1161 1 1 0 5
1449 1.71 16 1010 1 1 0 3
1375 1.837 19 1191 1 0 0 5
1270 1.88 23 930 1 0 0 6
1250 2.15 30 984 1 0 0 3
1235 1.894 29 1112 1 1 0 5
1170 1.928 33 600 1 1 0 8
1180 1.83 15 733 1 0 0 3
1155 1.767 31 794 1 0 0 4
1110 1.63 30 867 1 0 1 3
1139 1.68 32 750 1 0 1 4
995 1.725 15 923 1 0 0 3
995 1.5 30 743 1 0 0 4
975 1.43 15 752 1 0 0 3
975 1.36 15 696 1 0 0 4
900 1.4 31 731 1 0 1 2
960 1.573 32 768 1 0 0 6
860 1.385 15 653 1 0 0 2
1695 2.931 43 1142 1 0 1 3
1553 2.2 43 1035 1 0 0 4
1300 2 15 1076 1 1 0 3
1020 1.478 68 626 1 0 1 3
1020 1.713 45 600 1 0 1 4
922 1.326 15 668 1 0 0 4
925 1.05 15 553 1 0 1 2
899 1.464 15 566 1 1 0 2
850 1.19 56 600 1 0 0 1
890 1.746 15 591 1 0 0 2
870 1.28 15 599 1 0 0 1
700 1.215 15 477 1 0 0 3
720 1.121 61 398 1 0 0 4
749 1.733 58 656 1 0 0 6
731 1.299 15 585 1 0 0 6
725 1.14 15 490 1 0 1 3
670 1.181 15 440 1 0 0 4
2150 2.848 19 1487 1 1 0 6
1599 2.44 15 1265 1 1 0 5
1350 2.253 38 939 1 1 0 4
1299 2.743 40 1232 1 1 1 5
1250 2.18 32 1141 1 0 1 4
1239 1.706 29 810 1 0 0 4
1200 1.948 15 899 1 0 0 4
1125 1.71 31 800 1 1 0 4
1100 1.657 15 865 1 0 0 4
1080 2.2 41 1076 1 0 0 4
1050 1.68 28 875 1 0 0 4
1049 1.9 49 690 1 0 0 3
955 1.565 15 648 1 1 0 3
934 1.543 35 820 1 0 0 3
875 1.173 21 456 1 0 0 4
889 1.549 15 723 1 0 0 4
855 1.9 15 780 1 0 0 3
835 1.56 15 638 1 0 1 5
810 1.365 15 673 1 0 0 2
805 1.258 22 821 1 0 1 4
799 1.314 15 671 1 0 0 2
750 1.338 15 649 1 0 1 3
759 0.997 19 461 1 0 0 4
750 1.03 15 486 1 0 0 1
730 1.027 15 427 1 0 0 3
729 1.007 34 513 1 0 0 6
710 1.083 37 504 1 0 0 4
670 1.35 15 622 1 0 0 2
619 0.837 15 342 1 0 0 2
1295 3.75 15 1200 0 1 1 4
975 1.5 22 700 0 1 1 3
939 1.428 55 701 0 0 0 2
820 1.375 15 585 0 0 0 1
780 1.08 15 600 0 1 0 3
770 0.9 15 391 0 0 0 3
700 1.505 15 591 0 0 1 2
540 1.142 15 223 0 0 0 1
1070 1.464 15 376 0 0 0 2
2100 2.116 40 1209 0 1 0 3
725 1.28 15 447 0 0 0 3
660 1.159 15 225 0 0 0 1
580 1.051 30 426 0 0 0 2
1844 2.25 55 915 0 1 0 6
1580 2.563 15 1189 0 1 0 2
699 1.4 60 481 0 1 1 1
1160 1.72 20 867 0 0 0 4
1109 1.74 19 816 0 0 0 3
1129 1.7 21 725 0 0 0 4
1050 1.62 21 800 0 0 0 4
1045 1.63 21 750 0 0 0 4
1050 1.92 23 944 0 0 0 4
1020 1.606 20 811 0 0 0 4
1000 1.535 22 668 0 0 1 5
1030 1.54 21 826 0 0 1 2
975 1.739 28 880 0 0 0 3
950 1.715 15 900 0 0 0 3
940 1.305 20 647 0 0 0 3
920 1.415 22 866 0 0 0 4
945 1.58 24 810 0 0 0 3
874 1.236 18 707 0 0 0 4
872 1.229 21 721 0 0 0 3
870 1.273 19 638 0 0 0 4
869 1.165 22 694 0 0 0 4
766 1.2 22 634 0 0 1 4
739 0.97 19 541 0 0 1 4

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