Based on the above binary logit model, the probability of bu…

Based on the above binary logit model, the probability of buy (i.e., P(buy=1) in the discounted group (i.e., discount=1) is (1)___________(a. higher, b. smaller; 2 points) than that of the non-discounted group (i.e., discount =0) at statistically (2) _______________ (a. insignificant, b. significant 10%, c. significant 5%, d. significant 1%; 2 points). In terms of marketing mix (price, product, promotion, and place), the result indicates the effect of the promotion on consumer demand is positive. 

Based on the above binary logit model, the probability of bu…

Based on the above binary logit model, the probability of buy (i.e., P(buy=1) in the city 3 (i.e., C(city)[T.3]=1, St. Louis) is (1)___________(a. higher, b. smaller; 1 points) than that of the base group (2)__________(a. Rolla,   b. Kansas City, c. St. Louis; 2 points) at statistically (3) _______________ (a. insignificant, b. significant 10%, c. significant 5%, d. significant 1%; 1 point).