Solution) Sales of a product are influenced by the salesperson’s level of education and gender, as well as con
Question: Sales of a product are influenced by the salesperson’s level of education and gender, as well as consumer income, ethnicity, and wealth.
a. Formulate this statement as a multiple regression model (form only, without parameter estimation).
b. Specify dummy variables.
c. If the effects of consumer incoMeand wealth are not additive alone, and an interaction is expected, specify a new variable to test for the interaction.
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See Answer: The solution consists of 2 pages
Deliverables: Word Document
Deliverables: Word Document
