Data Analytics attached The data in the file attached contains information on your firm’s sales per capita, advertising expenditure per capita, and average

Click here to Order a Custom answer to this Question from our writers. It’s fast and plagiarism-free.

Data Analytics attached The data in the file attached contains information on your firm’s sales per capita, advertising expenditure per capita, and average local income.

Regress sales per capita on advertising expenditure per capita, controlling for local income as an interval variable, where intervals are <$35,000, $35,000–$44,999, $45,000–$54,999, and $55,000+, and <$35,000 is the base group. For the remainder of the question, assume the data-generating process is SalesperCapitai = α + β1AdExpperCapitai + β2Inc35-45i + β3Inc45-55i + β4Inc55i + Ui and that all other necessary assumptions toward establishing causality and performing inference hold. 1. Interpret the coefficients for the income intervals from your regression. 2. According to this regression, what is the effect on sales per capita when average local income increases from $35,000−$44,999 to $55,000+?

Place your order now for a similar assignment and have exceptional work written by one of our experts, guaranteeing you an A result.

Need an Essay Written?

This sample is available to anyone. If you want a unique paper order it from one of our professional writers.

Get help with your academic paper right away

Quality & Timely Delivery

Free Editing & Plagiarism Check

Security, Privacy & Confidentiality