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A Regression Model Relating Units Sold (Y), Price (X1), and Whether

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A regression model relating units sold (Y), price (X1), and whether or not promotion was used (X2 = 1 if promotion was used and 0 if it was not) resulted in the following model. A regression model relating units sold (Y), price (X<sub>1</sub>), and whether or not promotion was used (X<sub>2</sub> = 1 if promotion was used and 0 if it was not) resulted in the following model.   and the following information is provided.    a.Is price a significant variable? b.Is promotion significant? and the following information is provided. A regression model relating units sold (Y), price (X<sub>1</sub>), and whether or not promotion was used (X<sub>2</sub> = 1 if promotion was used and 0 if it was not) resulted in the following model.   and the following information is provided.    a.Is price a significant variable? b.Is promotion significant?
a.Is price a significant variable?
b.Is promotion significant?


Definitions:

Free Association

A psychoanalytic technique in which clients are encouraged to express freely any thoughts, feelings, or images that come to mind, without censorship or filtering.

Aversive Conditioning

A behavioral conditioning technique where an unpleasant stimulus is associated with undesirable behavior in order to reduce or eliminate that behavior.

Flooding

Flooding is a psychological treatment method for phobias and anxiety disorders where an individual is exposed to an overwhelming amount of the feared stimulus in order to extinguish the fear response.

Hypochondriasis

A condition characterized by an excessive preoccupation with the fear of having a serious disease.

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