Dr. Juan Camilo Orduz · Jul 19, 2024
Multilevel Elasticities for a Single SKU - Part III.
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In this notebook we continue our simulation study for elasticities, see: 
 
 Multilevel Elasticities for a Single SKU - Part I 
 Multilevel Elasticities for a Single SKU - Part II 
 
 for an introduction to the problem and some models. We extend the covariance model to allow two covariance components on both the intercepts and slopes (coefficient of the median_ income…
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