salesexp against bpriceexp and cpriceexp, Marketing Research

Assignment Help:

The variables in the file ASSIGN, in order from column 1 by column 8, are:

Week, SalesExp (unit sales in experimental group), SalesCntl (unit sales in control group), BPriceExp (brand's own price in experimental group), BpriceCntl (brand's own price in control group), CPriceExp (competitive brand's price in experimental group), CPriceCntl (competitive brand's price in control group), and DUM (defined above).

To prove the accuracy of the data you have, you may compare the means of every variable in the data with the numbers below:

 

                Variable               Mean                    Variable                   Mean

                SalesExp              7089.7                   SalesCntl            6687.7

                BPriceExp            1.213                     BPriceC ntl           1.218

                CPriceExp            1.176                     CPriceC ntl           1.144    

                                                                                DUM               0.316

 

Part1

1a.  Run a regression of SalesExp against BPriceExp and CPriceExp.  Given the estimated regression equation.

1b.  Are the signs of the coefficients intuitive?

1c.  Is there evidence to end that an increase in the own price leads to a reduce in sales in the experimental group?  Set up the appropriate hypotheses and conduct the test.  Use 95% confidence.

 


Related Discussions:- salesexp against bpriceexp and cpriceexp

Give a overview of organizational buying behavior, Q: Give a descriptive ov...

Q: Give a descriptive overview of organizational buying behavior? Ans: Selling strategies that objective the organisational customer and use the concept of the buying centre bu

Export declaration , Export Declaration : 'Every exporter must make a true...

Export Declaration : 'Every exporter must make a true declaration in the prescribed form. The declaration is mandatory and includes: i) The full export value of the goods; or

What are the numerous measures for reliability assessment, What are the num...

What are the numerous measures for reliability assessment of a scale? Answer Reliability in research relates to consistency of results over a period of time. A scale is ca

Explain why survey method is so popular, Explain why survey method is so po...

Explain why survey method is so popular Survey method is popular for various reasons. One of the major reasons is that data collection is a function of correctly designing and

Agency commission on exports, Agency Commission on Exports : Authorised de...

Agency Commission on Exports : Authorised dealers may allow payment of commission, either by remittance or by deduction from invoice value, on application submitted by the exporte

Core Aspects of Markting, If asking custoemrs if they have problems, would ...

If asking custoemrs if they have problems, would it be exchange function of marketing?

Other provisions-Importer-Exporter Code Number, Importer-Exporter Code Numb...

Importer-Exporter Code Numbe r: No export or import shall be made by any person without an Importer-Exporter Code (IEC) number unless specifically exempted. An application for gran

Sales tax exemption , Sales Tax Exemption : Purchase of goods meant for ex...

Sales Tax Exemption : Purchase of goods meant for exports are exempted from sales tax including Central Sales Tax. However, the purchaser of goods has to be a registered dealer fo

Imports, Imports: You have learnt the provisions related to export at leng...

Imports: You have learnt the provisions related to export at length. As you know, import plays an important role in the economic development of the country. In order to manufactur

Measurement problems in demands for resources, Q. Measurement problems in d...

Q. Measurement problems in demands for resources? Social influence- A student believes that smoking is really cool but since his friends think it's disgusting he doesn't smok

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd