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

  Caselet on michael porter’s value chain management

The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. An analysis into the launch of Mountain Man Light over the present Mountain Man Lager.

  Analysis of the case using the doing ethics technique

Analysis of the case using the Doing Ethics Technique (DET). Analysis of the ethical issue(s) from the perspective of an ICT professional, using the ACS Code of  Conduct and properly relating clauses from the ACS Code of Conduct to the ethical issue.

  Affiliations and partnerships

Affiliations and partnerships are frequently used to reach a larger local audience? Which options stand to avail for the Hotel manager and what problems do these pose.

  Innovation-friendly regulations

What influence (if any) can organizations exercise to encourage ‘innovation-friendly' regulations?

  Effect of regional and corporate cultural issues

Present your findings as a group powerpoint with an audio file. In addition individually write up your own conclusions as to the effects of regional cultural issues on the corporate organisational culture of this multinational company as it conducts ..

  Structure of business plan

This assignment shows a structure of business plan. The task is to write a business plane about a Diet Shop.

  Identify the purposes of different types of organisations

Identify the purposes of different types of organisations.

  Entrepreneur case study for analysis

Entrepreneur Case Study for Analysis. Analyze Robin Wolaner's suitability to be an entrepreneur

  Forecasting and business analysis

This problem requires you to apply your cross-sectional analysis skills to a real cross-sectional data set with the goal of answering a specific research question.

  Educational instructional leadership

Prepare a major handout on the key principles of instructional leadership

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