Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Statistics and Probability Expert

Role of retailer interest on shopping behavior. Retail interest is defined by marketers as the level of interest a consumer has in a given retail store. Marketing professors at the University of Tennessee at Chattanooga and the University of Alabama investigated the role of retailer interest in consumers' shopping behavior (Journal of Retailing, Summer 2006). Using survey data collected for n = 375 consumers, the professors developed an interaction model for y = willingness of the consumer to shop at a retailer's store in the future (called ‘‘repatronage intentions'') as a function of x1 = consumer satisfaction and x2 = retailer interest. The regression results are shown below.

2432_Table 05.jpg

(a) Is the overall model statistically useful for predicting y? Test using α = .05.

(b) Conduct a test for interaction at α = .05.

(c) Use the β-estimates to sketch the estimated relationship between repatronage intentions.

(y) and satisfaction (x1) when retailer interest is x2 = 1 (a low value).

(d) Repeat part c when retailer interest is x2 = 7 (a high value).

(e) Sketch the two lines, parts c and d, on the same graph to illustrate the nature of the interaction.

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M92214238

Have any Question?


Related Questions in Statistics and Probability

A random sample of 34 taxpayers claimed an average of 9623

A random sample of 34 taxpayers claimed an average of ?$9,623 in medical expenses for the year. Assume the population standard deviation for these deductions was ?$2,441. Construct confidence intervals to estimate the av ...

Determine the sample size n needed to construct a 99

Determine the sample size n needed to construct a 99?% confidence interval to estimate the population mean when σ=24 and the margin of error equals 9.

What is the present value of a security that will pay 9000

What is the present value of a security that will pay $9,000 in 20 years if securities of equal risk pay 12% annually? Round your answer to the nearest cent

What would be examples of valid selection methods used by

What would be examples of valid selection methods used by the human resource department to ensure selecting the appropriate candidate for a job.

The length of timber cuts are normally distributed with a

The length of timber cuts are normally distributed with a mean of 95 inches and a standard deviation of 0.52 inches. In a random sample of 45 boards, what is the probability that the mean of the sample will be between 94 ...

Sally inherited some property from her family it includes

Sally inherited some property from her family, it includes two homes, one in Stone Harbor and one in Maui. (nice family). Sally is thinking of selling the properties but wants to make sure she gets a fair price. The two ...

In a survey ofnbsp3153nbspadultsnbsp1407nbspsay they have

In a survey of 3153 adults, 1407 say they have started paying bills online in the last year. Construct a? 99% confidence interval for the population proportion. Interpret the results. A? 99% confidence interval for the p ...

You ask your roommate to mail a letter for you suppose

You ask your roommate to mail a letter for you. Suppose there is a 0.21 probability your roommate will forget to mail it.  Should your roommate mail your letter, there is a 0.9 probability that Canada Post will deliver t ...

What is the sample size for studies with moe of -35 and -28

What is the sample size for studies with MOE of +/-3.5% and +/-2.8%, with a confidence level of 95%, sample statistics of 50. Suppose the category population was 7500 (less than 10,000)? Remember the FPC. What would be t ...

What is the annual coupon rate of a 7-year corporate bond

What is the annual coupon rate of a 7-year corporate bond given that its current price is $930, par = 1,000, semi-annual coupon, YTM=10%?

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As