Question
You have weekly store-level data for 156 weeks (t) over 700 stores (s) on unit sales for a brand and a binary variable indicating if
You have weekly store-level data for 156 weeks (t) over 700 stores (s) on unit sales for a brand and a binary variable indicating if that particular brand was on display in that particular store in that particular week. You use a pivot table to organize the data and get the following summary. Imagine that you estimate a linear regression model using that weekly store-level data having the following form: unitsalesst=0+1displaystunitsalesst=0+1displayst . What will the estimate for 11be in that model?
Display | Average of Unit Sales |
0 | 226 |
1 | 477 |
Grand Mean | 320 |
Group of answer choices
226
251
320
477
not enough information
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