
You are analyzing whether exposure to a new in-app rider promotion is associated with higher 7-day ride completion. Using user-level data from 8,000 users, you fit a linear probability regression: , where if the user completed a ride within 7 days. The estimated coefficient on is 0.018 with standard error 0.006, and the model intercept is 0.112.
How would you interpret the regression result, test whether the promotion has a statistically significant effect on 7-day ride completion, and explain what this does and does not imply for product growth decisions?
{"alpha":0.05,"beta_0":0.112,"se_promo":0.006,"beta_promo":0.018,"sample_size":8000,"beta_app_opens":0.007,"beta_city_tier2":-0.009,"beta_prior_rides":0.004}Output(none)