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Author Question: The sale of which of the following products or services would decrease as a result of cocooning? a. ... (Read 50 times)

neverstopbelieb

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  • Posts: 534
on: Jun 29, 2018
The sale of which of the following products or services would decrease as a result of cocooning?
 a. Movie tickets
  b. Video games
  c. DVDs
  d. Meal-preparation ingredients

Question 2

Running a separate regression model for each person would yield the best results and effectively deal with heterogeneity. We do not do this for all of the following reasons except
 a. researchers don't ordinarily have many pieces of data for each individual
  b. researchers are looking for a unified explanation of a phenomena
  c. individuals tend to give the same answers anyway
  d. it is expensive to prepare a separate marketing approach for each individual


Hikerman221

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  • Posts: 346
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

C
Heterogeneity implies that people do not tend to give the same answers.


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