Suppose you've run a regression relating Revenues to TV Ads and Online Ads. You are willing to make the necessary assumptions to deduce causality and run hypothesis tests. Your results are as follows: If you tested the null hypothesis that Online Ads have no impact on Revenues at the 90% confidence level (i.e., 90% degree of support) , you would:
A) Reject, and conclude Online Ads do impact Revenues
B) Fail to reject, and conclude Online Ads do impact Revenues
C) Fail to reject, and conclude there is insufficient evidence to establish that Online Ads impact Revenues
D) None of the answers is correct
Correct Answer:
Verified
Q42: What are the two key assumptions necessary
Q43: Suppose you are given a set of
Q44: When making active predictions, it is important
Q45: Under which sort of prediction is R-squared
Q46: The assumption of no correlation between the
Q47: In estimating the causal relationship between Sales
Q48: If you are comfortable with assumptions required
Q49: The R-squared of a regression is 1
Q51: The total sum of squares is given
Q52: Beyond the conditions required for consistent estimation
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents