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  • Variable Description Lecture 5-1 PDF

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    Eduardo Páez Díaz
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    This 3 sentence summary provides the key information about the simulated survey data set: The data set contains responses from 1000 people regarding their willingness to purchase an electronic gadget at various price points, with the price of the gadget listed as a scale variable in US dollars and the response to whether they would buy it or not listed as a binary variable of 1 for yes and 0 for no.

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    Variable description Lecture 5-1.pdf

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    This 3 sentence summary provides the key information about the simulated survey data set: The data set contains responses from 1000 people regarding their willingness to purchase an electronic gadget at various price points, with the price of the gadget listed as a scale variable in US dollars and the response to whether they would buy it or not listed as a binary variable of 1 for yes and 0 for no.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    9 views1 page

    Variable Description Lecture 5-1 PDF

    Uploaded by

    Eduardo Páez Díaz
    This 3 sentence summary provides the key information about the simulated survey data set: The data set contains responses from 1000 people regarding their willingness to purchase an electronic gadget at various price points, with the price of the gadget listed as a scale variable in US dollars and the response to whether they would buy it or not listed as a binary variable of 1 for yes and 0 for no.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    Data Lecture 5.

    1
    Simulated survey data set with 1000 respondents.

     Price: quoted price of electronic gadget (scale variable, in US dollars)


     Response: Answer to the question if respondent would buy the gadget for the quoted price
    (binary variable, 1 = Yes and 0 = No)

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