2019-01-24T12:45:26+00:00

Topic: MGE 302 Assignment #3 Economic Problem Solutions

This paper concentrates on the primary theme of Topic: MGE 302 Assignment #3 Economic Problem Solutions in which you have to explain and evaluate its intricate aspects in detail. In addition to this, this paper has been reviewed and purchased by most of the students hence; it has been rated 4.8 points on the scale of 5 points. Besides, the price of this paper starts from £ 40. For more details and full access to the paper, please refer to the site.

Topic: MGE 302 Assignment #3 Economic Problem Solutions

Instructions:

Every answer should answer at the first word document sheet. The final result, every answer should only be on that page.

Content:

Name #1 ______________________________ UBIT #1 _____________________________

MGE 302 Assignment #3- Due Thursday, March 9 @ 8:00 AM (Buffalo) or 9:00 PM (Singapore)

Submit your assignment as a single page. You must show your work in order to receive full credit. (I recognize that space is limited – show what work you can.) You may upload an Excel file with your regression results, but please write the answers to Question 1 in the form below.

a.

Net Sales[t] = -26.63 + 0.033SQFT[t] + 0.18INVENTORY [t] + 7.91 ADVERTISING [t] + 11.02MARKETSIZE[t] -4.42`COMPETITORS`[t]

b.

Intercept: Not Significant at p < .05

SQFT: result is significant at p < .05

INVENTORY: result is significant

ADVERTISING: result is not significant at p < .05

MARKETSIZE: result is not statistically significant at p < .05

COMPETITORS: result is statistically significant at p < .05

c.

If the firm increases adversting by \$ 1,000 the nnet sales increase by \$ 7906.25 (7.906*1,000)

d.

Y= 0.03311(50000+0.1

...

100% Plagiarism Free & Custom Written,