A supermarket chain analyzed data on sales of a particular brand of snack cracker at 104 stores
Question:
a. Interpret the coefficient of the promotion variable.
b. Should a promotion by a competing product increase or decrease sales of the brand in question? According to the coefficient, does it?
c. Is the coefficient significantly different from 0 at usual α values?
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Related Book For
An Introduction To Statistical Methods And Data Analysis
ISBN: 9781305465527
7th Edition
Authors: R. Lyman Ott, Micheal T. Longnecker
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