The most frequently used experimental or observational data in econometrics are of the following type: Question 9 options: randomly generated data. time series data. panel data. cross-sectional data.
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- A data set containing annual information about GDP per capita, inflation and unemployment rates for European countries for the past 100 years is called panel data. 0000 time-series data. experimental data. cross-sectional data.Sales Sales Force Sales Force Training Performance Effectiveness Sales Force Customer Orentation Please perform the quantitative analysis with the above variables. 1.0 Introduction 1.1 Objectives 1.2 Assumptions 1.3 Other Considerations 1.4 HypothesesThe following are some of the options available when it comes to data collection: Include a concise explanation of the method's intended outcome, as well as any potential advantages or disadvantages it may have. conversations with a number of individuals
- The Australian Government has developed a survey to enable it to gauge the views of the Australian public regarding "Climate Change". The survey consists of a sample of 400 Australian Citizens and Permanent Residents regarding their views on a wide range of Climate Change topics. The Government intends to use the results of the survey to assist in the formulation of government policy for the next 30 years. The variables used in the dataset are as follows: Variable Name Explanation Options Cars Number of motor vehicles in your household Income Your income in Dollars ($) Support Belief that Australia should financially support developing countries in their efforts to address Climate Change (Yes, No) Cause Who/what you think is most responsible for Climate Change (Mostly Human, Mostly Natural, There is no Climate Change, Unsure/Undecided} Solar_Panels Willingness to Install Solar Panels For each of the scenarios outlined below, describe a type of Visualisation (i.e. a Chart/Table/Graph)…What are some types of longitudinal surveys? Select all the apply. Question 2 options: Trend survey Panel survey Cohort survey Cross-sectional surveyUnit III Assignment Worksheet Background Information The Ruby Red Movie Theater in town is in jeopardy of having to close its doors because it is unable to generate enough total revenue. In an effort to generate more total revenue, the movie theater manager decided to change the prices this month for drinks, popcorn, candy, hot dogs, and movie tickets. The manager would like for you to analyze the data that has been collected to help decide if the decisions to change the prices were correct and, if not, what should be done to prices to generate more total revenue. Be sure to answer all of the questions in this worksheet. Question 1 Information regarding the community’s average income and movie ticket sales at the Ruby Red Movie Theater for both last year and this year are presented below. Use this information when answering questions A–C, below. Last Year This Year Community’s Average Income $55,800 $57,474 Movie Ticket Sales 4,980…
- In terms of econometric perspective, what are the assumptions or elements that you need to consider in developing the model for estimation.A retail store wants to categorize its customers based on their shopping behaviour without pre- defining any categories, which Data mining method will they use(b) Discuss the methodology of econometrics.
- Investigating the sffect of interest rate on the number of houses sold across the 81 cities in Turkey from 1990 to 2020 is an example of using A control data b. panel data C. cross-sectional data d time series dataQualitative methods of forecasting include:a) sales force composite. b) jury of executive opinion.c) consumer market survey. d) exponential smoothing.e) all except (d).Bureau of Economic Analysis in the USA is responsible for construction and maintenance of national income and product accounts (NIPA). Measurement began in the 1930s due to frustration of Roosevelt and Hoover trying to design policies to combat the Great Depression. Simon Kuznets (Nobel laureate) was commissioned to develop initial methodology and estimates. In 1947, the process became much more consistent. Methodologies have frequently been changed (improved?) as a result of advances in economics, accounting, and data collection. Past data are then revised to reflect new definitions. On the following information, calculate GNP at factor cost. Whether GNPFC derive from income method equivalent to expenditure method? S.No. Items Rs. (In Crores) 1 Private final consumption expenditure 1000 2 Net domestic capital formation (Investment) 200 3 Profit 400 4 Compensation of employers (Wages and salaries) 800 5 Rent 250 6 Government final consumption expenditure…