Which of the following is a method of data analysis used by economists? Publishing articles using observational data. Finding the best estimate. Formatting data tables. Printing scatter plots.
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- using words and mathematical notation, why the Ordinary Least Squares method might not be the best method for analysing cross section data in economics?When it comes to making suggestions, does Porter's published work incorporate any particular types of data?How Regression models are used for Forecasting purpose?
- the similarity between the correlation research method and experimental research methodA model's parameters are defined as data that present information about multiple subjects at a given time. the numerical values that govern the strength of the relationships among variables in a model. data that present information about multiple subjects at various times. data that present information about a single subject at various times.Relationship between economic geography and economics
- 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 HypothesesConsumer expenditure plans is an example of a forecasting method. Which of the general categories best described this example?__________ looks for underlying patterns in the data by examining the data at a more detailed level in order to examine potential correlations. Multiple Choice Summarizing data Descriptive analytics Drill-down detailed analytics Fuzzy matching
- Which of the following is not an example of a quantitative variable? The weight of a box of cereal Your zip code The temperature of a freezer in Fahrenheit Your GPA thanksThe 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)…Choose the type of forecasting technique that would be most appropriate for predicting; The impact a price increase of 10 per cent would have on sales of orange marmalade. Answer 1 The popularity of a new television series. Answer 2 Demand for Mother’s Day greeting cards. Answer 3 Demand for toothpaste in a particular supermarket. Answer 4 Demand for vacations on the moon.