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

Explain spreading activation, Q. Explain Spreading activation ? Spreadi...

Q. Explain Spreading activation ? Spreading activation involves the proposal of one memory 'triggering' another one. For instance one might think of Coke every time one remembe

Objectives-shipment of export cargo, OBJECTIVES After studying this Uni...

OBJECTIVES After studying this Unit, you should be able to: 1.  Explain stages involved in export cargo shipment 2.  Discuss the policy for Central Excise Rebate on expor

Review of literature, The review of literature is not mere reading for sake...

The review of literature is not mere reading for sake it is also not a causal reading like reading of a story or novel. It is focused and directed towards specific purposes. It is

Recoverable expenses, Recoverable Expenses: An insurance company will pay ...

Recoverable Expenses: An insurance company will pay expenses incurred by the insured for recovering loss for preventing it to the cargo. This is, however, subject to two condition

Jobbers, total jobbers in India ?

total jobbers in India ?

Write a brief note on report presentation, Write a brief note on report pre...

Write a brief note on report presentation. Answer Presentation has become an integral part of most marketing research projects. Most managers are finding it hard to read e

Explain in details the process of marketing research, Explain in details th...

Explain in details the process of marketing research. Answer Most marketing research involves attaining information from marketplace indirectly or directly and hence the

Designing of two way cross-over , Designing of Two way cross-over 3500 Hz ...

Designing of Two way cross-over 3500 Hz A two way is cross is designed in a net pattern with passive materials that separate the frequencies in a smaller region. A cross over s

Export promotion capital goods scheme, Export promotion Capital Goods Schem...

Export promotion Capital Goods Scheme: Capital goods both new and second hand, may be imported under the Export promotion Capital Goods (EPCG) Scheme. The import of second hand ca

Consumer behavior, You are the member of an advertising team assembled to d...

You are the member of an advertising team assembled to develop a promotional campaign for a new digital camera. Develop three headlines for these campaigns each based on one of the

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