1. Your task is to estimate coupon redemption propensity (meaning, inclination to redeem coupons expressed as a ratio of coupon redeemers to total number of customers in each group) of female and male...

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1. Your task is to estimate coupon redemption propensity (meaning, inclination to redeem coupons expressed as a ratio of coupon redeemers to total number of customers in each group) of female and male customers, AND, to determine if there is a statistically significant difference between the female and male specific coupon redemption propensity. Please show all steps in your estimation process. 2. You are to select a continuous variable of interest (to be your dependent or target variable), build a linear regression model that includes a minimum of five (5) input or independent (also known as predictor) variables, and interpret the results. 3. If statistical decision-making, illustrated by what you have been learning in this class, is, in your view, beneficial, why do you believe that? If, on the other hand, you believe that it is not beneficial to you or your career, why do you believe that? Be as detailed and as specific as possible.
Answered 4 days AfterNov 18, 2021

Answer To: 1. Your task is to estimate coupon redemption propensity (meaning, inclination to redeem coupons...

Gaurav answered on Nov 23 2021
132 Votes
1. Your task is to estimate coupon redemption propensity (meaning, inclination to redeem coupons expressed as a ratio of coupon redeemers to total number of customers in each group) of female and male customers, AND, to determine if there is a statistically significant difference between the female and male specific coupon redemption propensity. Please show all steps in your estimation process.
2. You are to select a continuous variable of interest (to be your dependent or target variable),...
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