An example of a time series data set is one for which the: * regression analysis comes from data randomly taken from different points in time. data would be collected for several O different firms at a single point in time. data is created from a random number generation program. data would be collected for a given O firm for several consecutive periods (e.g., months).

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۱۰:۰۳ ص
• Ooredoo li
A docs.google.com
O cyclical variation
O seasonal effect
An example of a time series data set is
one for which the:
regression analysis comes from data
O randomly taken from different points
in time.
data would be collected for several
O different fırms at a single point in
time.
data is created from a random number
generation program.
data would be collected for a given
O firm for several consecutive periods
(e.g., months).
For studying demand relationships for
a proposed new product that no one
has ever used before, what would be
Transcribed Image Text:۱۰:۰۳ ص • Ooredoo li A docs.google.com O cyclical variation O seasonal effect An example of a time series data set is one for which the: regression analysis comes from data O randomly taken from different points in time. data would be collected for several O different fırms at a single point in time. data is created from a random number generation program. data would be collected for a given O firm for several consecutive periods (e.g., months). For studying demand relationships for a proposed new product that no one has ever used before, what would be
۱۰:۰۳ ص
Ooredoo li
A docs.google.com
(e.g., months).
For studying demand relationships for
a proposed new product that no one
has ever used before, what would be
the best method to use? *
double log functional form regression
model
ordinary least squares regression on
historical data
market experiments, where the price is
set differently in two markets
consumer surveys, where potential
O customers hear about the product and
are asked their opinions
Consider the following linear demand
function where QD = quantity
demanded, P = selling price, and Y =
%3D
disposable income: QD = -36 - 2.1P +
24Y, The coefficient of Y (i.e.. .24)
Transcribed Image Text:۱۰:۰۳ ص Ooredoo li A docs.google.com (e.g., months). For studying demand relationships for a proposed new product that no one has ever used before, what would be the best method to use? * double log functional form regression model ordinary least squares regression on historical data market experiments, where the price is set differently in two markets consumer surveys, where potential O customers hear about the product and are asked their opinions Consider the following linear demand function where QD = quantity demanded, P = selling price, and Y = %3D disposable income: QD = -36 - 2.1P + 24Y, The coefficient of Y (i.e.. .24)
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