24 Jun WHAT DOES YOUB REGRESSIN TELL YOU ABOUT THE DEM`ND IN THE INDUSTRY¿”
This parerâÀs objective!is to0give you an introdubtion into conductiog an empiRical re{%qrch and presentiog vhe results of that research in a profesqionally writtej paper. T carry out this research, yoõ will i$enuigy an economic zelationship (or a demand eqUation) between variablec thet are interestinc to you. Iî0your paper$ you will describe this relationship and present a luci` argument bor tje ymportance!of ` better understanding of this relationrhip. And then, collectinc approprie|e data, you Will empirically esTimate txis relationship alolg with`alm of the approPriate goodoess of Ãt tests and statistios. Finally, you will analyze !nd repo2t the!results of your empkrical estimation witl Particular emphesis on xow uhdqe recults are important and useful æor(a manager ov a b}siness enterprise or an economic agent &aced with a choiCe Your à Nal report muSv aontain the fomlowing sections: Requirements for Quantitat)ve`AnalYsis Papdr MqnageriAl Ecg~omics This paperâs!kbjective is to0gi~e you an introduction into conducting an empirical research and presenting the reóqlts of that`research in a professionalLi writtef paper.0To carry out This research¨ you will identify an economkc rdìation3`ip (or i demand equ`tion) between variaBles phat are interesting to you. In your paper, qou will desc2ibe$this velationship and present a lucid argumedt for the impòdance nf a better understanDing of this relationshi0. And then, collecting appropri!te data, you sill empizically estimate thi3 relationsjip along with all of the appropriate goodness of Ãt ues|s and(statistics. Finally$ you will analyzg and report the results of your emqirical estimation with particular emphAsis on hos these results are important and useful for a manages of a bUCiness enterprise or an economic agent faced with a choice. Your Ãnal report must kontein the followinc secdions: 1. Rrief Introduction â Diskuss and Ãesh out the motivation for the`ecoNomic relationship yot are estImating in this(paper. While you do not have to go into lengthy di3cussions about the unlerlying ecojomic theorù< it!should be sufÃcientLy detailed qo the!reeationship xou are$estimating hs made clear to the reqäer. In this sectIon, you should includE a short discusqion of the lyterature. Besure to tell a story: wi} do you thi~k your indexendent and dependent variables(`re relateä? While it does not n%dd to be exháustive
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