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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- 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
- 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)…Suppose researchers use observational data to study the effect of class size and teacher experience on student score. Which of the following is a confounding variable? Student score 0000 Family income Class size Teacher experienceAn economist keeps an eye on basic facts, summary statistics, and economic indicators in order to monitor the general health of the economy. This scenario most closely aligns with which of the following goals of data analysis? Describing the economy Predicting the future Testing hypotheses Quantifying relationships
- Show with explanations and examples of the differences from trend analysis, cross sectional analysis, and industry comparables analysis.A newspaper article mentions that two of South Korea’s largest semiconductor manufacturers, - Samsung Electronics Company and Hynix Semiconductor - would suspend all their memory chip production for some time. The article goes on to say that another large semiconductor manufacturer was likely to follow suit. Collectively, these chip manufacturers produce about 30 percent of the world’s basic semiconductor chips. Based on this information, how is the market for computers altered? This answer involves no numerical computation. However, graphs/plots should be used to elaborate your answer. Explain plus make graphs for this answer.T. Haavelmo devised a model of the US economy for the years 1929–1941 based on the followingequations:(i) c = 0.712y + 95.05 (ii) s = 0.158(c + x) − 34.30(iii) y = c + x − s (iv) x = 93.53Here x denotes total investment, y is disposable income, s is the total saving by firms, and c istotal consumption. Write the system of equations in the form (1) when the variables appear inthe order x, y, s, and c. Then find the solution of the system.
