This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: How would you evaluate the quality of this equation overall? Do you have any concerns? Explain. ... (Read 57 times)

brutforce

  • Hero Member
  • *****
  • Posts: 540
on: Jul 1, 2018
How would you evaluate the quality of this equation overall? Do you have any concerns? Explain.
 
  What will be an ideal response?

Question 2

A firm uses ________ for goods which the consumer takes pride in owning.
 
  A) price skimming
  B) prestige pricing
  C) penetration pricing
  D) predatory pricing


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

amit

  • Sr. Member
  • ****
  • Posts: 364
Reply #1 on: Jul 1, 2018
Answer to Question 1

The overall equation is significant, as shown by the F-test. The R2 value is reasonably high. One variable is not significant (might be desirable to re-estimate the equation without it, although the inclusion of irrelevant variables does not affect the properties of the OLS model). The sample size is sufficiently large. There are no significant concerns. Other answers are possible.

Answer to Question 2

B


brutforce

  • Member
  • Posts: 540
Reply 2 on: Jul 1, 2018
Thanks for the timely response, appreciate it

dreamfighter72

  • Member
  • Posts: 355
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

HIV testing reach is still limited. An estimated 40% of people with HIV (more than 14 million) remain undiagnosed and do not know their infection status.

Did you know?

Elderly adults are at greatest risk of stroke and myocardial infarction and have the most to gain from prophylaxis. Patients ages 60 to 80 years with blood pressures above 160/90 mm Hg should benefit from antihypertensive treatment.

Did you know?

Despite claims by manufacturers, the supplement known as Ginkgo biloba was shown in a study of more than 3,000 participants to be ineffective in reducing development of dementia and Alzheimer’s disease in older people.

Did you know?

Bisphosphonates were first developed in the nineteenth century. They were first investigated for use in disorders of bone metabolism in the 1960s. They are now used clinically for the treatment of osteoporosis, Paget's disease, bone metastasis, multiple myeloma, and other conditions that feature bone fragility.

Did you know?

The average person is easily confused by the terms pharmaceutics and pharmacology, thinking they are one and the same. Whereas pharmaceutics is the science of preparing and dispensing drugs (otherwise known as the science of pharmacy), pharmacology is the study of medications.

Traditional Chinese Medicines Reveals Legality Issues and Health Safety Concerns Traditional Chinese Medicines Reveals Legality Issues and Health Safety Concerns
National Ambient Air Quality Standards National Ambient Air Quality Standards
How to find the equation of a cosine curve How to find the equation of a cosine curve
Alcoholic fermentation Chemical Equation Alcoholic fermentation Chemical Equation
(mn/p) = 6 . How do you manipulate the equation so that you isolate m on one side? (mn/p) = 6 . How do you manipulate the equation so that you isolate m on one side?
Explain the myogenic autoregulation of the glomerular filtration rate Explain the myogenic autoregulation of the glomerular filtration rate
Video: Amniocentesis and CVS Animation

For a complete list of videos, visit our video library