User Account

All Pages

Impact of education on customer rating

Assignment Help Business Management
Reference no: EM133145847

The data attached contains information on customers' ratings of your product (CustRate), on a scale of 1 to 100, along with demographic information. The demographic information includes: income (Inc), age (Age), education (Educ), and marital status (Marr). The last variable equals one if the respondent is married and zero otherwise. Assume the data-generating process can be written as:

CustRatei=α+β1Inci+β2Agei+β3Educi+β4Marri+Ui.

  1. Test the hypothesis that income has no impact on customer rating, using a confidence level of 95%. Be sure to provide the reasoning behind your result.
  2. Test the hypothesis that β2=0.05, using a confidence level of 90%. Be sure to provide the reasoning behind your result.
  3. Build a 95% confidence interval for the impact of education on customer rating. Be sure to provide the reasoning for your result.
  4. Build a 95% confidence interval for the impact of being married on customer rating. Be sure to provide the reasoning for your result.
  5. Predict the change in customer rating if a customer's income increases by $10,000, with no change in age, education, or marital status.

Reference no: EM133145847

Questions Cloud

Show and explain a detailed schematic diagram : Show and explain a detailed schematic diagram of the inverse wavelet transform used for reconstruction of images with only 1 synthesis level
Verbal and nonverbal communication : Be sure to read Chapter 4, Verbal and Nonverbal Communication, in the Adler, et. al. textbook before attempting to respond to the discussion questions.
Address the ethical concerns regarding corporate involvement : Please suggest two peer reviewed journal articles that address the ethical concerns regarding corporate involvement in funding Universities.
Design methodologies for new products : Design methodologies for new products as it is established through past experience that this approach enhances product success rate and increases customer
Impact of education on customer rating : The data attached contains information on customers' ratings of your product (CustRate), on a scale of 1 to 100, along with demographic information.
How an exchange rate shift could hurt the company : Choose a company and make up an example to illustrate how an exchange rate shift could hurt the company
Goals funding market : What is your business grows you'll need to plan for the jobs and organization as well as the corporate culture first consider how many managers and employees yo
Compare and contrast the laws about sex : Compare and contrast the laws about sex found in Leviticus and Surah 4 of the Qur'an.
CIS115-6 Signals and Electronic Systems Assignment : CIS115-6 Signals and Electronic Systems Assignment Help and Solution, University of Bedfordshire - Assessment Writing Service

Reviews

Write a Review

Business Management Questions & Answers

  Non-egocentric mindexplain the logic of the non-egocentric

non-egocentric mindexplain the logic of the non-egocentric mind. what are attributes of this mind and how does it

  Identify all the pertinent issues pertaining

Conduct an external analysis of a company or organization of your choosing. Perform an analysis and evaluation of those issues

  Discuss at least three examples of wearable technology

Discuss at least three examples of wearable technology. Discuss at least one advantage and one disadvantage to wearable technology.

  Identify the different departments

Base on organizational chart attached below, how can you identify the different departments that may be classified

  Describe four types of secrecy practiced by enterprises

Describe four types of secrecy practiced by enterprises. Describe two techniques to help reduce the insider threat.

  What kind of difficulties could you imagine for creating

What kind of difficulties could you imagine for creating such a DB?

  Structuring physician compensation arrangements

Name one or more laws that must be complied within structuring physician compensation arrangements.

  Process of ethical decision making

a) What are the dimensions of the ethical dilemma? b) What are the issues?

  Do they have a moral responsibility to demand change

Discuss the responsibility of shareholders in Top Glove. Do they have a moral responsibility to demand change?

  Describe the skyscraper and map models of culture

Describe the skyscraper and map models of culture. What are their strengths and limitations? What is the role of data mining in the digital economy? What are the ethical concerns?

  Results of allowing opposing negotiators

Examine two (2) possible results of allowing opposing negotiators provide the offer to split any monetary differences with the government contracting officer.

  Determining risk tolerance reflect basic critical thinking

In what ways do the common pitfalls in determining risk tolerance reflect basic critical thinking? In what way does uncertainty and little or poor awareness of

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd