STA630 GDB No 1 Solution Fall 2020-VU-Autumn Semester-Research Methods

STA630 GDB No 1 Solution Fall 2020-VU-Autumn Semester has been explained in detail for the understanding of the students and viewers in a simple way.

Question#01

Socioeconomics variables

Demand for organic food, or, impact on Consumption the pattern for organic food = Y

Independent Variables

1. Age =X1

2. Education =X2

3. Occupation=X3

4. Income = X4

5. Marital Status =X5

6. Family Size=X6

Regression Model is

Y = B₀+B₁X_1T+B₂X_2T+B₃X_3T+B₄X_4T+B5X5T+B₆X_6T+U_iT

Question#02

Hypothesis No 1

Null Hypothesis: H₀: B₅=B₆

Alternative Hypothesis H₁: B₅ ≠ B₆

Hypothesis No 2

Null Hypothesis: H₀: B₂=B₃

Alternative Hypothesis: H₁: B₂≠B₃

Also Read: MGT501 GDB No 1 Solution Fall 2020-VU-Autumn Semester

Impact of socioeconomics variables on consumption pattern for organic food

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