This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: An economist is interested to see how consumption for an economy (in billions) is influenced by ... (Read 70 times)

BrownTown3

  • Hero Member
  • *****
  • Posts: 564
on: Jun 24, 2018
An economist is interested to see how consumption for an economy (in  billions) is influenced by gross domestic product ( billions) and aggregate price (consumer price index). Annual data from 30 years were collected. Which of the following would be the most appropriate analysis to perform?
 
  A) Exponential smoothing
  B) Multiple linear regression
  C) Autoregressive modeling for trend fitting and forecasting
  D) Simple linear regression

Question 2

A manager of a product sales group believes the number of sales made by an employee depends on how many years that employee has been with the company and how he/she scored on a business aptitude test. A random sample of 38 employees was selected to collect data on their number of sales, number of years with the company and scores on a business aptitude test. Which of the following would you perform to draw a conclusion on the belief?
 
  A) One-way ANOVA B) Two-way ANOVA
  C) Simple linear regression D) Multiple linear regression


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

xiazhe

  • Sr. Member
  • ****
  • Posts: 331
Reply #1 on: Jun 24, 2018
Answer to Question 1

B

Answer to Question 2

D


BrownTown3

  • Member
  • Posts: 564
Reply 2 on: Jun 24, 2018
Gracias!

rachel

  • Member
  • Posts: 323
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Tobacco depletes the body of vitamins A, C, and E, which can result in any of the following: dry hair, dry skin, dry eyes, poor growth, night blindness, abscesses, insomnia, fatigue, reproductive system problems, sinusitis, pneumonia, frequent respiratory problems, skin disorders, weight loss, rickets, osteomalacia, nervousness, muscle spasms, leg cramps, extremity numbness, bone malformations, decayed teeth, difficulty in walking, irritability, restlessness, profuse sweating, increased uric acid (gout), joint damage, damaged red blood cells, destruction of nerves, infertility, miscarriage, and many types of cancer.

Did you know?

Less than one of every three adults with high LDL cholesterol has the condition under control. Only 48.1% with the condition are being treated for it.

Did you know?

More than one-third of adult Americans are obese. Diseases that kill the largest number of people annually, such as heart disease, cancer, diabetes, stroke, and hypertension, can be attributed to diet.

Did you know?

Patients who have undergone chemotherapy for the treatment of cancer often complain of a lack of mental focus; memory loss; and a general diminution in abilities such as multitasking, attention span, and general mental agility.

Did you know?

Vaccines prevent between 2.5 and 4 million deaths every year.

Coral reefs are influenced by sea surface temperatures. Coral reefs are influenced by sea surface temperatures.
Major trunk lines carrying long-distance traffic crisscrossed the area east of the Mississippi. The Major trunk lines carrying long-distance traffic crisscrossed the area east of the Mississippi. The
A patient’s cognitive ability depends on his or her psychologic status, which is influenced by ... A patient’s cognitive ability depends on his or her psychologic status, which is influenced by ...
Consumption of animal products "استهلاك المنتجات الحيوانية" Consumption of animal products "استهلاك المنتجات الحيوانية"
Industrialized nations consumption Industrialized nations consumption
Sex-influenced inheritance of beard appearance in goats Sex-influenced inheritance of beard appearance in goats
Video: Introduction to Spirometry

For a complete list of videos, visit our video library