Econometrics questions and answers in November 2021

Standard Deviation     Adidas has decided to launch a product range of highly specialised sport shoes that are specially designed to cater to top athletes around the world. This product range will b...
Consensus vs Average Techniques of Forecasting   To accurately predict the demand for its products for the next year, HUL (Hindustan Unilever) follows a couple of forecasting techniques, both qualita...
Your company, which specializes in porcine hygiene products (HogWash®), has the following demand function:  Q = a + bP + cM + dR where Q is the quantity demanded of HogWash's most popular soap for p...