Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Answer all questions for 50 points. You may use Excel, R, Eviews, or SPSS to estimate your regression model. Be sure to consider the following

Answer all questions for 50 points. You may use Excel, R, Eviews, or SPSS to estimate your regression model. Be sure to consider the following issues below:

Collect 20 or more observations (data) to estimate a regression model. You may forecast consumer demand, prices, costs, or output.

Sources of data: the US Commerce Department; the Bureau of Labor Statistics (BLS); the Federal Reserve Bank of St. Louis (FRED); the Bank of England; the Bureau of Economic Analysis (BEA); Yahoo Finance; annual reports of publicly traded companies, and the Securities and Exchange Commission (SEC).

(i) What are the relevant variables of your model and how are they operationalized (5 Points)? (ii) What type of data are you utilizing (5 Points)? (iii) What is the time horizon of your analysis (5 Points)? (iv) Could you identify disturbances that occurred during your period of inquiry (5 Points)? (v) How efficient is your regression model (5 Points)? (vi) What are the significant variables? Why (5 Points)? (vii) What are your managerial proposals and considerations of external validity (10 Points)? (viii) Are your empirical findings consistent with the literature (10 Points)?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Experimental Econophysics Properties And Mechanisms Of Laboratory Markets

Authors: Ji Ping Huang

1st Edition

3662442345, 9783662442340

More Books

Students also viewed these Economics questions

Question

Do teachers across cultures differ in immediacy? Explain.

Answered: 1 week ago