Multiple Choice
In estimating the effect of price on sales, what is likely to be a confounding factor that one would at best have only a proxy variable for?
A) Price
B) Sales
C) Month
D) Brand awareness
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q38: A representative sample is one whose:<br>A) distribution
Q39: An ordinal variable is one that contains
Q40: The use of a proxy variable changes
Q41: It is often times necessary to make
Q42: The successful use of a proxy variable
Q44: Suppose the fitted (assumed causal) regression line
Q45: Which of the following correlations would be
Q46: Suppose you have the following regression
Q47: A dummy variable is:<br>A) a variable with
Q48: Suppose you've regressed profits on price, assuming