Edit this cell Demonstrate your understanding of interpretation of the regression here by filling the blanks...
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Edit this cell Demonstrate your understanding of interpretation of the regression here by filling the blanks in the statements below: 1. In terms of the the estimated coefficients, 1% increase in income when discount offer is made and qualification difficulty is $10 leads to approximately in transaction amount. 2. In terms of the estimated coefficients, 1% increase in income when BOGO offer is made and qualification difficulty is $5 leads to in transaction amount. Basically, substitute the p's from the answer above with the estimated coefficients. Edit this cell Demonstrate your understanding of interpretation of the regression here by filling the blanks in the statements below: 1. In terms of the the estimated coefficients, 1% increase in income when discount offer is made and qualification difficulty is $10 leads to approximately in transaction amount. 2. In terms of the estimated coefficients, 1% increase in income when BOGO offer is made and qualification difficulty is $5 leads to in transaction amount. Basically, substitute the p's from the answer above with the estimated coefficients.
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Calculations Where income be the estimated coefficient for the income variable discount be the estim... View the full answer
Related Book For
Data Modeling and Database Design
ISBN: 978-1285085258
2nd edition
Authors: Narayan S. Umanath, Richard W. Scammel
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