Marketing variables that are included in consumer discrete choice models are often endogenous. Extant treatments using likelihood-based estimators impose parametric distributional assumptions, such as normality, on the source of endogeneity. These assumptions are restrictive because mis specified distributions have an impact on parameter estimates and associated elasticities. The normality assumption for endogeneity can be inconsistent with some marginal cost specifications given a price-setting process, although they are consistent with other specifications. In this paper, we propose a heterogeneous Bayesian semiparametric approach for modeling choice endogeneity that offers a flexible and robust alternative to parametric methods. Specifically, we construct centered Dirichlet process mixtures (CDPM) to allow uncertainty over the distribution of endogeneity errors. In a similar vein, we also model consumer preference heterogeneity nonparametrically via a CDPM. Results on simulated data show that incorrect distributional assumptions can lead to poor recovery of model parameters and price elasticities, whereas the proposed semiparametric model is able to robustly recover the true parameters in an efficient fashion. In addition, the CDPM offers the benefits of automatically inferring the number of mixture components that are appropriate for a given data set and is able to reconstruct the shape of the underlying distributions for endogeneity and heterogeneity errors. We apply our approach to two scanner panel data sets. Model comparison statistics indicate the superiority of the semiparametric specification and the results show that parameter and elasticity estimates are sensitive to the choice of distributional forms. The CDPM specification yields evidence of multimodality, skewness, and outlying observations in these real data sets.
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A bakery sells 6 bagels for $3.99 and 4 muffins for $2.29. What is the total
cost in dollars of 2 dozen bagels and 12 muffins?
Which table represents a linear function that has a slope of 5 and a y-intercept of 20?
X
-4
048
X4048
-4
X
0
20
40
60
y
0
20
40
60
y
0
-20
-40
-60
y
-4
0
4
8
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The table representing the linear function is attached below.
A linear function is defined as the relation between two variables . A linear function represents a straight line on the number plane.
A linear function is of the form y = mx + c , where m is the slope of the function and c is the y-intercept of the function.The slope is defined as the tangent of the angle made by the line with the positive x-axis.The y-intercept is the point of intersection of the line and the y-axis.Given the slope of the function as 5 and the y-intercept as 20 .
So m = 5 and c = 20
Therefore the linear function is of the form : y=mx + c
Substituting the values we get: y = 5x + 20
Now
at x=0 , y = (5 ×0) + 20 = 20
at x=-4 , y = (5 × -4) + 20 = 0
at x= 4, y = (5 × 4) + 20 = 40
at x= 8, y = (5 × 8) + 20 = 60
Therefore the table for the linear equation is attached.
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Adalyn has nine more than twice the number of skittles than Morgan has. If twice the number of skittles that Adalyn has is two more than five times the number of skittles that Morgan has, how many does each girl have?
I am really bad at math! So can someone please help me again!
Answer:
Fraction: x= 8/5
Decimal: x= 1.6
Mixed Number: x= 1 3/5
someone please help me
$300 multiplied by 3% simple interest
Answer:
Mortgage
Step-by-step explanation:
Mrs. Ortiz write the expression 16 + 24 on the board. How can you rewrite this addition problem using the distributive property? Use 16 + 24= a(b+c) where a represents the greatest common factor. Fill in the blank: 16 + 24= ____(____ + ______)
Answer fast its for a test
Answer:
Step-by-step explanation:
the greatest common factor between those numbers is 8
a=8
16+24=8(2+3)
Daniel invests £2200 into his bank account.
He receives 10% per year simple interest.
How much will Daniel have after 2 years?
Give your answer to the nearest penny where appropriate.
Answer:
£440
Step-by-step explanation:
10% of 2200 = 220
So, he gets 220 per year.
220 x 2 = 440
£440
Answer:
£440
Step-by-step explanation:
According to the question,
Daniel invests £2200 into his bank account and he receive 10% per year simple interest.
So, money he'll have after a year = 10% of 2200 = 220
Money he will have after two years = 220×2 = 440
So he will have £440 after two years
Please help. Will give brainliest if it's correct. Also plz don't just use me for points. Actually answer it bc a girl did that to me yesterday and she was rlly annoying.
Answer:
i think the first one. I hope it's right. Good luck!
Step-by-step explanation:
Which part of this graph shows a nonlinear relationship?
О A. 1
О B. 3
О C. 4
О D. 2
Answer:
it is 4 feet deep
Step-by-step explanation:
The figure to the right has its congruent segments marked. Find the measure of AB.
A
C
B
25 meters
5 meters
Question content area bottom
Part 1
AB
enter your response here meters
Pls help me ill give brainliest
Do all 3 for brainliest pls
Answer:
16. 2x -3 + 2x -3 = 4x -6
x + 5 + x + 5 = 2x + 10
4x -6 + 2x + 10 =
6x+4Step-by-step explanation:
Solve (x -3) =5.
A. x-5t43
B. x- 3 t45
C. x= 8 and x=-2
D. x= -3±45
Answer:
C
Step-by-step explanation:
(x-3)=5
add 3 to 5= 8
another way is to do:
subtract -3 to 5 = -2
Answer:
x=8
Step-by-step explanation:
What is the slope of the line graphed below?
(3,1) (0,-5)
m =
A. 1/2
B. -1/2
C. -2
D. 2
Answer:
2
Step-by-step explanation:
[tex]m= \frac{y2 - y1}{x2 - x1} [/tex]
put the values you will get your answer.
Help with the picture
Answer:
(3x + 1)(x - 2) = 0
Step-by-step explanation:
move the 2 to the left to set the equation equal to 0
3x^2 - 5x - 2 = 0
factor out from here
(3x + 1)(x - 2) = 0
Solve 6/7 = y - 3/7
y = ?
Please show your work! Like the steps of how you got your answer.
Find the circumference and area of the figure if each unit on the graph measures 1 centimeter. Round answers to the nearest tenth, if
necessary.
The area and circumference of a circle is 40.8cm² and 22.6 cm respectively
Circumference of a circleThe formula for calculating the circumference of a circle is expressed as:
C = 2πr
where
r is the distance between A and B
AB = r = √(5-2)²+(3-1)²
r = √9 + 4
r = √13
r = 3.605
Determine the circumference
C = 2(3.14)(3.605)
C = 22.6394
Hence the circumference of the circle is 22.6 cm
Determine the area
Area = πr²
Area = 3.14 * 3.605 * 3.605
Area = 40.8cm²
Hence the area and circumference of a circle is 40.8cm² and 22.6 cm respectively
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What is the slope between the points (7,4) and (-5, -6)?
a.) 5/6
b.) -5/6
c.)6/5
Answer:
b.) -5/6
Step-by-step explanation:
m = -10/-12 = -5/-6
If a cantaloupe that weighs 3.0 pounds costs $3.87, approximately how much will a 2.22 pound cantaloupe cost?
Answer:[tex]1.29 * 2.22 = 2.86[/tex]
$2.86
Step-by-step explanation:
First we need to find the price per pound for the cantaloupe
[tex]3.87/3.0=1.29[/tex]
So one pound of cantaloupe costs $1.29
Now multiply the price per pound by the weight of the second cantaloupe
[tex]1.29*2.22=2.86[/tex]
So the price for a cantaloupe that weighs 2.22 lbs would be $2.86
a school class went on a field trip to see a magician perform. there were 17 females and 20 males in the class. the magician randomly selected a volunteer from the audience, which had 52 females and 68 males. given that the randomly selected audience member is a student from the class, which equation can be used to find the probability, p, that the person is also a female?
An equation that can be used to find the probability, p, that the person is also a female given that the randomly selected audience member is a student from the class is: P = (17/120) ÷ (37/120)
For given question,
The audience of the magic show is conformed by a total of 120 people, 52 of which are female and 68 are men.
Within the audience there is a school class of 37, of these students, 17 are female and 20 are male.
First we find the probability of selecting a student from the class in all audiences.
P(A) = 37/120
Now, the probability that the selected student is female student:
P(B) = 17/120
We need to write an equation for combined probability which is given by,
P = (17/120) ÷ (37/120)
Therefore, an equation that can be used to find the probability, p, that the person is also a female given that the randomly selected audience member is a student from the class is: P = (17/120) ÷ (37/120)
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what does nani mean?
Answer:
Nani means what in japanese.
Step-by-step explanation:
I am a anime weeb lol
Translate this sentence into an equation.
152 is the product of Vanessa's height and 8.
Use the variable y to represent Vanessa's height.
How do you write -0.2 repeating as a fraction?
Can someone help me solve this question? | x-9 | +7 = 8
Answer:
x = 8
x = 10
Step-by-step explanation:
lx -9l + 7 = 8
lx - 9l + 7 - 7 = 8 - 7
lx - 9l = 1
Split into a positive and a negative case.
x - 9 = 1 and - (x - 9) = 1
Add nine to both sides
x - 9 + 9 = 1 + 9
x = 10
- (x - 9) = 1
Subtract 9 from both sides
- 8 = - x
Multiply both sides by negative 1
x = 8
Ned washes dishes at a constant rate. Ned can hand-wash 18 dirty dishes in 3 minutes. Choose the graph that best
represents the number of dishes, d, Ned can wash in any number of minutes, t.
Answer:
what are the graphs
Step-by-step explanation:
tell me the graphs
Kevin mowed 12 laws and earned a total of $60 which represents the amounts of money earned per lawn
Answer:
$5 per lawn
Step-by-step explanation:
60 divided by 12 = 5
I WILL GIVE YOU THE BRAINIEST!!!
In a company, 60% of the workers are Men. If 2,320 people work for the company who aren't men, how many workers are there in all?
If Right.
Answer: 1392 people who work for the company are men.
I did this by multiplying 2320 by 0.6, which got me my answer.
Have a great day!
Stay safe and healthy!
Happy holiday seasons!
May I please have brainliest?
Que tipo de triángulo es
Write the two statements that create the biconditional: There is traffic on the freeway if and only if there are a lot of cars on the freeway.
Answer:
there is traffic on the freeway
a lot of cars on the freeway
Step-by-step explanation:
What is the √299 and √675
Answer:
√299=17.2916164658 √675= 25.9807621135
Step-by-step explanation:
Answer:
17.29 and 25.98
if you are rounding to the nearest whole number it would be 17 and 26
hope this helped :)
Step-by-step explanation: