The Regression Condition Of Advertisement Essay - 1320 Words

The regression condition inferred is – QD = 20,000 - 10P + 1500A + 5PX + 10 I The advertisement versatility ascertained is 0.73 which implies that advertisement assumes a vital part in deciding the request. Since advertisement has no part to play in a consummately focused market, we can preclude the likelihood of the market being flawlessly aggressive in light of the fact that R2 is impressively high and clarifies the demand. The market is likewise not an imposing business model. This is on account of even syndication doesn t require ad consumption. The request work additionally relies on upon the cost of another item X which is in rivalry with the item talked about. This totally decides out the likelihood that the market is a restraining infrastructure. Along these lines the market is either an oligopoly advertise or a monopolistically focused market. We realize that advertisement assumes a vital part in a monopolistically focused market. In an oligopoly showcase, advertisement is not so imperative. Other than this, another notable element of a monopolistically focused market is item separation. In our case, there are a few firms creating low calorie microwavable nourishments. Be that as it may, each of the organizations rehearses item separation. They somewhat separate their item from their rivals to highlight their own particular item and along these lines increment the piece of the pie. Hence this firm is a case of a monopolistically aggressive market. In theShow MoreRelatedIntroduction. 1.Compute The Elasticity For Each Independent1251 Words   |  6 Pagesobtain the below regression equation; QD= - 5200 – 42(500) + 20(600) + 5.2(5500) + 0.20(10000) + 0.25(5000) = 17,650 Basic our argument on elasticity we acknowledge that: Price Elasticity (Ep) = (P/Q) (∆Q/∆P) From the derivative of the (Ep) regression we obtain, ∆Q/∆P = -42. Therefore, Price Elasticity (Ep) = (P/Q) (-42) (500/17650) = -1.19, similarly Microwave Elasticity (EM) = (P/Q) (0.25) (5000/17650) = 0.07 Income-elasticity (EI) = (P/Q) (5.2) (5500/17650) = 1.62 Advertisement-elasticity (EA)Read MoreDemand and Supply Estimation Essay1208 Words   |  5 Pagesthe maker of a leading brand of low-calorie, frozen microwavable food that estimates the following demand equation for their product using data from 26 supermarkets around the country for the month of April. Option 1: Note: The following is a regression equation. Standard errors are in parenthesis for the demand of widgets. QD= - 5200 - 42P + 20Px + 5.2I + 0.20A + 0.25M (2.002) (17.5) (6.2) (2.5) (0.09) (0.21) R2= 0.55, N = 26 F= 4.88 Your supervisor has asked you to computeRead MoreWhat Correlation Between All Variables Were Computed By Applying The Pearson Product Moment Method Essay1070 Words   |  5 PagesVariables measured in this study, namely, Attitude, Subjective Norms and Self-Efficacy demonstrated strong and positive correlation with Intention to enlist. With respect to Attitude towards military, the four dimensions such as Evaluation of working Condition and benefits, Self and physical development, Perceived risk, and Teamwork and patriotism was found to be positively related with intention to enlist in military. Subjective norm for military enlistment was positively correlated with intention toRead MoreRole Of Advertising On Consumer Emotion Management1341 Words   |  6 Pagescontent of this paper, emotion has become an essential element to affect consumer’s decisions. Company who wants to make advertisements should consider consumer emotion and apply culture to increase sales. Based on exis ting literature, consumers can take actions to manage themselves and cope with emotions and their feelings contribute to attitudes and judgements about advertisements (Lichtle, 2007; Dickson and Holmes, 2008). In particular, consumer should regulate emotion when purchasing hedonic productsRead MoreDemand Estimation Essay925 Words   |  4 Pageselasticity for each independent variable. Note: Write down all of your calculations. According to our Textbooks and given information, When P = 8000, A = 64, PX = 9000, I = 5000, we can use regression equation, QD = 20000 - 10*8000 + 1500*64 + 5*9000 + 10*5000 = 131,000 Price elasticity = (P/Q)*(dQ/dP) From regression equation, dQ/dP = -10. So, price elasticity EP= (P/Q) * (-10) = (-10) * (8000 / 131000) = -0.61 Similarly, EA = 1500 * 64 / 131000 = 0.73 EPX = 5 * 9000 / 131000 = 0.34 EI = 10*Read MoreComputing The Elasticities For The Independent Variables Essay1407 Words   |  6 Pagesfor the independent variables Option 1 Solution QD = -5200 - 42P + 20PX + 5.2I + 0.20A + 0.25M Given that PX=600, P= 500, A=10,000, I=5,500 and M=5000, when we apply regression method we get: QD= -5200 – 42(500) + 20(600) + 5.20(5500) + 0.25(5000) + 0.20(10000) = 17,650 Price Elasticity = (P/Q) (∆Q/∆P) The Outcomes from the regression equation gives: ∆Q/∆P = -42. Hence, Price Elasticity (EP) = (P/Q) (-42) (500/17650) = -1.19 EC = 20(600/17560) = 0.68 EM = (P/Q) (0.25) (5000/17650) = 0.0700 EI = (P/Q)Read MoreReport on Lipton Ice Tea2980 Words   |  12 Pages................................................................... 4 Justification for the Chosen Variables................................... 4 Regression Analysis................................................................... 9 Explanation of results.............................................................. 9 Comments on Regression Analysis........................................ 11 Elasticity......................................................................................Read MorePredictive Analytics And The Health Care Industry1002 Words   |  5 Pagesdata from healthcare devices like monitors and sensors, hospital records, application data measuring health metrics and everything including social media posts, webpages, emergency correspondence, research data from genomics to innovative drugs, advertisement data, newsfeeds and articles in medical journals. As much as there is scope for finding out patterns among these data, it is not easy to implement predictive analytics in healthcare industry because of the limitations like hand-written prescriptionsRead MoreCase Study - Selling Hope1730 Words   |  7 Pagesreduce the face amount after calculated the present value of the wining price, there would be lesser after deducted taxes. In addition, the winning prices may be divided among several winners. All kinds of this information are not mentioned in the advertisement. Therefore, the company of lotteries may be creating the false beliefs that interfere with the ability of the consumers to make rational choices. For instance, the advertising create the fantasy about winning the great prices in the future thatRead MoreA Model Of Low Calorie And Frozen Microwavable Food That Estimates The Following Demand Equation Essay987 Words   |  4 Pageswork for the maker of a leading brand of low-calorie, frozen microwavable food that estimates the following demand equation for its product using data from 26 supermarkets around the country for the month of April. Option 1†¨Note: The following is a regression equation. QD = - 5200 - 42P + 20PX + 5.2I + 0.20A + 0.25M†¨ Your supervisor has asked you to compute the elasticities for each independent variable. Assume the following values for the independent variables: Q = Quantity demanded of 3-pack units