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

Nature of cargo insurance policy, NATURE OF CARGO INSURANCE POLICY ...

NATURE OF CARGO INSURANCE POLICY A marine or cargo insurance policy has an international character and, therefore, a policy taken in one country is acceptable in other coun

Advance against incentives, Advance against Incentives : When the value of...

Advance against Incentives : When the value of the materials to be procured for export is more than FOB value of the contract, the exporters may get packing credit advance more th

Purchase discount of foreign bills, Purchase Discount of Foreign Bills : P...

Purchase Discount of Foreign Bills : Purchase or discount facilities in respect of export bills drawn under confirmed export contracts are generally granted to exporters who enjoy

Export of goods under bond under rule 13, Export of Goods Under Bond Under ...

Export of Goods Under Bond Under Rule 13 : The exporters have been permitted to export the excisable goods without the payment of Central Excise duty. Exporters are required to

Identification and measurement of exchange risks, IDENTIFICATION AND MEASUR...

IDENTIFICATION AND MEASUREMENT OF EXCHANGE RISKS : In foreign trade, you may be either an exporter or an importer. Let us now examine what is the exchange risk to which an exporte

Market structure, 1. Perfect competitive and monopoly are extreme market st...

1. Perfect competitive and monopoly are extreme market structures,theoretically show garphically the short run equilibrium of both markets.To what extent are these markets realisti

Explain about specific personality traits, Q. Explain about Specific person...

Q. Explain about Specific personality traits? Specific personality traits Innovativeness Dogmatism Social character Materialism Compulsiveness 1. Inn

Internal and external criterai of research problem, AskWhat are the interna...

AskWhat are the internal and external criteria of selecting a research problem?

Explain the term - marketing, Explain the term - Marketing Marketing R...

Explain the term - Marketing Marketing Research stimulates the flow of marketing data from customers and his environment to Organization marketing research tools are applied e

Explain the cognitive involvement profile, Q. Explain the cognitive involve...

Q. Explain the cognitive involvement profile? The perceived significance of the potential negative consequence of a bad purchase. The likelihood of making a bad purchase

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