Q5.9 In a regression-based estimate of a demand function, the beta coefficient for advertising equals 3.75 with

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Q5.9 In a regression-based estimate of a demand function, the beta coefficient for advertising equals 3.75 with a standard deviation of 1.25 units. What is the range within which there can be 99 per cent confidence that the actual parameter for advertising can be found?

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Managerial Economics

ISBN: 1518

14th Revised Edition

Authors: Mark Hirschey

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