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Develop a regression model for cable price

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Reference no: EM131715056

Question: Generate another set of data from the same address list, this time with a 30% item nonresponse rate. (The nonresponse parameters are 0, .3, 0.) What is the average price the respondents are willing to pay for cable? Using the respondents, develop a regression model for cable price based on the other variables. Impute the predicted values from this model for your missing observations and recalculate your estimate.

Reference no: EM131715056

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