Question
Q1 is about sampling and data collecting, such as whether it's primary or secondary data and what's the advantage and disadvantage for primary and secondary
Q1 is about sampling and data collecting, such as whether it's primary or secondary data and what's the advantage and disadvantage for primary and secondary data.
Q2 is about regression and coefficients.
The recommanded word count for Q1 and Q2 is 300.
Please explain with details and clear format, thank you!
Here are them:
Q1. You are interested in the relationship between parental income and UCAS points amongst first year students at Leeds University Business School. Explain how you would use a sample to collect the information you need. Highlight any potential problems that you might encounter while collecting the data.
Q2. Using the hypothetical data you collected in question 1, you wish to run a regression with parental income as the independent variable and UCAS scores as the dependent variable. Explain any problems you might face and what sign you would expect the coefficients of this regression to have.
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