082016 CChopter7- Regression Andysis,
A CONCISE GUIDE TO MARKET RESEARCH
[aun | osome J owe |
Chapter 7 - Regression Analysis
This chapter's learning objectives
How to speci a repression analysis roe
Howto interprtbasie repression analysis resus,
How validate rgrossion analysis
Howto concuctrgression analysisin SPSS,
Howto inerpretragrasionenalyis output produced by SPSS.
Introduction
Regression analysis is ne of be most tequenty use lols in market researc. i simplest form, egrssion analysis lows mask researchers analyze lasanshioe
between one independent arr one dependent variable. a marketing appcaons, fe dependent variable is usualy he cukome we cate about (ses), while the
‘wcrnigues can. The key benef ofusingregreston analysis are hat tea
+-Inaeatetndependentvanabies neve @ algnfcantrelatonship wih a dependent vale,
varies can lp markstrasearchers in many leant ways, For example
Make predictons. Knowing about he ofocs of
rect spending two know prometonal sctvies signflcanty in
rowing about ne relative srangh of eos usaf for markers because may help answer questons such as whether sales de
ysl le allows uo compare the otece of variables measured ondiferentscles euch asthe efecto rice changes (eg, measures in $) andthe numberof
Regrassion
Regression analysis can aleo halo make pesistons, Fr exanple, tae have astatedaragression model using data on sles piss, and promosonsl ach, he resus
ls could povde a precise answer io wnat would happen to sale if pices were to Increase by 8% and promasonal actives were to increase by
he sal ates of pre
10%, Such pecge answers can help rarkating) managers make sound decison Fursemore, by providing various Seana, auch a eleva
erases f 5%, 10%, and 5%, managers can evaluate marketing plans ang cea marketing seategis.
Video
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CChopter7- Regression Andysis,
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