Question
In: Economics
propose a situation with figures to explain the difference between cross sectional and time series data.
propose a situation with figures to explain the difference between cross sectional and time series data.
Solutions
Rahul Sunny answered 1 year agoRelated Solutions
(a) Discuss the differences between panel data, time series data and cross sectional data. (b) Argue...
(a) Discuss the differences between panel data, time series data
and cross sectional data.
(b) Argue with the aid of examples the advantages of panel data
over cross sectional data.
(c) the Hausman specification test is used to choose between two
different panel data models. Identify the two types of the models
explaining their differences.
Analyze its overall financial situation from both a cross-sectional and a time-series viewpoint. Break your analysis...
Analyze its overall financial situation from both a
cross-sectional and a time-series viewpoint. Break your analysis
into evaluations of the firm’s liquidity, activity, debt,
profitability, and market.
Ratio
Actual 2017
Actual 2018
Industry average, 2019
Current ratio
1.40
1.55
1.85
Quick ratio
1.00
0.92
1.05
Inventory turnover
9.52
9.21
8.60
Average collection period
45.6 days
36.9 days
35.5 days
Average payment period
59.3 days
61.6 days
46.4 days
Total asset turnover
0.74
0.80
0.74
Debt ratio
0.20
0.20
0.30
Times...
What is the difference in cross-sectional, longitudinal and time-lag comparison research design? Explain the research designs...
What is the difference in cross-sectional, longitudinal and
time-lag comparison research design? Explain the research designs
and give an example of each
What are OLS assumptions in time series analysis? How are they different of similar to "cross-sectional"...
What are OLS assumptions in time series analysis? How are they
different of similar to "cross-sectional" OLS assumptions?
Do you think that businesses should make both time series and cross sectional analyses? Why?
Do you think that businesses should make both time
series and cross sectional analyses? Why?
Demand can be estimated with experimental data, time-series data, or cross-section data. In this case, cross-section...
Demand can be estimated with experimental data, time-series
data, or cross-section data. In this case, cross-section data
appear in the Excel file. Soft drink consumption in cans per capita
per year is related to six-pack price, income per capita, and mean
temperature across the 48 contiguous states in the United
States.
TABLE 1. SOFT DRINK DEMAND DATA
State
Cans/Capita/Yr
6-Pack Price ($)
Income/Capita ($1,000)
Mean Temp. (F)
Alabama
200
3.19
35.1
66
Arizona
150
2.99
45.9
62
Arkansas
237
2.93
29.7...
Demand can be estimated with experimental data, time-series data, or cross-section data. In this case, cross-section...
Demand can be estimated with experimental data, time-series
data, or cross-section data. In this case, cross-section data
appear in the Excel file. Soft drink consumption in cans per capita
per year is related to six-pack price, income per capita, and mean
temperature across the 48 contiguous states in the United
States.
Given the data, please construct the demand estimation for soft
drink consumption in the United States by
(1) a multiple-linear regression equation, and
(2) a log-linear (exponential) regression equation...
Q4 (A) What are the special features of (a) cross-section data, (b) time series data, and...
Q4 (A)
What are the special features of (a) cross-section data, (b)
time series data, and (c) panel data?
Q4 (B)
What is meant by a fixed effects model (FEM)? Since panel data
have both time and space dimensions, how does FEM allow for both
dimensions?
What is the difference between a causal model and a time series model?
What is the difference between a causal model and a time series
model?
Explain the difference between a company's performance and its cash flow with figures
Explain the difference between a company's performance
and its cash flow with figures
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