This topic contains a solution. Click here to go to the answer

Author Question: Why is it unnecessary to seasonally adjust annual data? What will be an ideal response? (Read 135 times)

savannahhooper

  • Hero Member
  • *****
  • Posts: 576

Question 1

How does the shared-cost effect alter the spending plans of business travelers?
 
  What will be an ideal response?

Question 2

Why is it unnecessary to seasonally adjust annual data?
 
  What will be an ideal response?



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

braelync

  • Sr. Member
  • ****
  • Posts: 350

Answer 1

The shared-cost effect refers to the impact of a third party, typically a company, paying for accommodations and other travel expenses. The recipient of this subsidy will be less sensitive to the price of a room and restaurant than one paying for the trip out of his/her own pocket.

Answer 2

A variable measuring an entire year's worth of activity already incorporates all of the variation from month to month and thus does not require any adjustment.




savannahhooper

  • Member
  • Posts: 576
Reply 2 on: Sep 11, 2019
Excellent


TheNamesImani

  • Member
  • Posts: 334
Reply 3 on: Yesterday
Gracias!

 

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

Did you know?

Barbituric acid, the base material of barbiturates, was first synthesized in 1863 by Adolph von Bayer. His company later went on to synthesize aspirin for the first time, and Bayer aspirin is still a popular brand today.

Did you know?

Human stomach acid is strong enough to dissolve small pieces of metal such as razor blades or staples.

Did you know?

Children of people with alcoholism are more inclined to drink alcohol or use hard drugs. In fact, they are 400 times more likely to use hard drugs than those who do not have a family history of alcohol addiction.

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.

For a complete list of videos, visit our video library