Question
16. Goals of data analysis Consider the following scenario. An economist uses historical stock prices of a company to forecast future stock prices and determine
16. Goals of data analysis
Consider the following scenario.
An economist uses historical stock prices of a company to forecast future stock prices and determine optimal equity trading strategies.
This scenario most closely aligns with which of the following goals of data analysis?
A. Describing the economy
B. Predicting the future
C. Quantifying relationships
D. Testing hypotheses
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Basic Econometrics
Authors: Damodar N. Gujrati, Dawn C. Porter
5th edition
73375772, 73375779, 978-0073375779
