Activity 9 B Ana

Are you stressed by poor grades and tight deadlines? We have your back. We can do this or a different assignment for you at an affordable price. Use customdissertations.org writing services to score better and meet your deadlines.


Order a Similar Paper Order a Different Paper

Activity I – Suppose Y is a dichotomous dependent variable, and the data-generating process for Y can be expressed as:

Yi=0.1+0.03X1i−0.02X2i+Ui

Interpret the coefficients on X1 and X2

Activity II – Suppose you are trying to learn the relationship between the price you charge for your product and the likelihood of purchase by individuals offered that price. You offer your product online and for one month have randomly posted prices between $10 and $30. Using data on purchases and prices, you get the following estimates for a linear probability model:

Purchasei=1.7−0.06×Pricei

You are interested in the effect of a $20 price increase (i.e., moving from the lowest price to the highest) on the likelihood of Purchase. Why is answering this question problematic using this model?

We offer CUSTOM-WRITTEN, CONFIDENTIAL, ORIGINAL, and PRIVATE writing services. Kindly click on the ORDER NOW button to receive an A++ paper from our masters- and PhD writers.

Get a 10% discount on your order using the following coupon code SAVE10


Order a Similar Paper Order a Different Paper