Answer Happy

A shoe shop maintains an inventory of their out of season stock
of adult's shoes to be offered for sale at discount. For every pair
a record is kept of gender (mens or womens),
source (Irish, Imported) brand
(e.g. Clarkes, polo, ugg etc), colour (black,
brown, other), size (8, 8.5, 9 etc),
style (casual, smart, trainer etc),
time in stock (days), recommeded retail price
(rrp), percentage discount
offered and the numer of units of that shoe in
stock (typically less than a half dozen)
For the regression model
rrp' = 984 + 50.3 discount + 98.4 genderWomens + 75.7 colourBrown -
4 colourOther
decide which of the following is true.
a.
The value of rrp tends to increase as discount increases
b.
The level of rrp will be 4 when the level of colour is Black
c.
The value of rrp would on average decrease by 50.3 for every
unit increase in discount
d.
The value of rrp tends to decrease as discount increases
e.
The value of rrp would on average be 79.7 less for cases where
the level of colour is Brown compared to when it is Other