Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
A researcher is studying the returns to advertising in industry A and industry B. She collected data on n different firms in one month that operates in either industry A or B. The following data was collected: salei is the total sales in dollars of firm i in that month, adi is the advertising expenditure of firm i in dollars, Ai is a dummy equal to 1 if the firm is in industry A and 0 otherwise, and adAi is the interaction between adi and Ai.
salesi = 15, 000 + 0.3adi + 5000Ai ? 0.1adAi
a) According to regression 3 which of the two industries has the highest return to advertising? What is the difference in returns to advertising between the two industries? Explain.
b) Using the estimates in 3 would a firm in industry A or industry B have higher predicted sales given that $1,000 is spent on advertising? Explain
c) Do you believe that this regression measures the causal effect of advertising on sales or do you suspect that the estimate will be biased? Explain.
Minimum number of doctors required so that the average time a patient waits for treatment is no more than 30 minutes as advertised? No more than 15 minutes?
Identify the many factors that affect decisions on location. Identify the many factors that affect decisions on a firms location strategy. Why is it important for a firm to have a location strategy?
What did she mean? Include in your response an explanation of the difference in behavior of variable and fixed cost, including an example to illustrate your explanation.
Compare and contrast how a company’s organizational culture can positively – and negatively – influence the internal environment AND, as a result, discuss the positive and negative impact this culture can have on the employees. Please use examples to..
The last 4 weekly values of sales were 80,100,105 and 90 units. The last 4 forecast (for the same 4 weeks) were 60, 80, 95 and 75 units. Calculate the MAD, MSE and MAPE for these 4 weeks
One Hour Loan offers customized loans. Customers call a toll free number with a specific loan request, and obtain a response within an hour. One Hour Loan’s business process includes five activities which must be conducted in the sequence described b..
A distributor of the hand drills places an order for 15 units. What is the appropriate shipping date for the entire order?
The demand for airline travel is quite sensitive to price. Typically, there is an inverse realtionships between demand and price; when price decreases, demand increases and vice versa. One major airline has found that when the price (P) for a round t..
An assembly line with 7 tasks is to be balanced. The longest task is 8 minutes, the shortest task is 2 minutes, and the sum of the task times is 53 minutes.
personality or behavioral traits of entrepreneurs. What is your subject's business
How might the organization system model help you understand why the change was or was not successful? How did the change initiative affect human behavior? How did human behavior affect the change initiative?
Markland Manufacturing intends to increase capacity by overcoming a bottleneck operation by adding new equipment. Two vendors have presented proposals. The fixed costs for proposal A are $50,000, and for proposal B, $70,000. The variable cost for ..
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd