HOW DOES INFLATION AFFECT CONSUMERS PART XIV

WALKING INFLATION IS WHEN PRICES GO UP 3-10% ANNUALLY. ANY PERCENTAGE BETWEEN THE GIVEN NUMBERS COULD DO AS LONG AS IT FORCES PEOPLE TO START STOCK SAVING IN THE ANTICIPATION OF FURTHER INCREASE IN PRICES. THIS LEADS TO A HIGH DEMAND IN STOCK BUT A SHORTAGE IN SUPPLY WHICH INCREASES THE PRICE FURTHER FOR MORE PROFIT.  GALLOPING INFLATION IS WHEN PRICES INCREASE...

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HOW DOES INFLATION AFFECT CONSUMERS PART XIII

REAL LIFE USES AND APPLICATIONS REGRESSION ANALYSIS HAS VERY HIGH IMPORTANCE IN VARIOUS DISCIPLINES SUCH AS BUSINESS, ECONOMIC, ENGINEERING AND BIOLOGICAL SCIENCES FOR PREDICTED VARIOUS OUTCOMES AS A RESULT OF VARIOUS OF BUSINESS THERE ARE TWO PRIMARY USES FOR REGRESSION WHICH ARE STATED BELOW, PREDICTED THE FUTURE TO PREDICT A CERTAIN EVENT THAT IS YET TO OCCUR FOR EXAMPLE...

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HOW DOES INFLATION AFFECT CONSUMERS PART XII

ADDING EXTRA VARIABLES THAT HAS NEGLIGIBLE AFFECT OR NO EFFECTS WILL MAKE YOUR ANALYSIS COMPLICATED AND TOO MUCH WORK SO TIS KEPT SIMPLE. STEP 2   PAST DATA COLLECTIONS ONCE YOU HAVE YOUR VARIABLES SET AND DETERMINED THE NEXT IMPORTANT STEP IN THE PROCESS IS THE COLLECTION OF THE PAST DATA. THE DATA THAT SHOULD BE GATHERED MUST BE WITH RESPECT TO THE VARIABLES THAT...

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HOW DOES INFLATION AFFECT CONSUMERS PART XI

STEP 3 SELECTING OF THE DEMAND FUNCTION AFTER SETTING THE VARIABLES AND THE COLLECTION OF PAST DATA, THE NEXT STEP BEFORE FINALLY COMPILING EVERYTHING IS TO DETERMINE THE COMPLETE DEMAND FUNCTION. WHICH IS THE DEPENDENT OR THE VARIABLE THAT IS TO BE PREDICTED. THE FACTORS THAT EFFECT THIS ARE THE VARIABLES THAT WERE DEFINED IN THE FIRST STEP. THE DEMAND FUNCTION...

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HOW DOES INFLATION AFFECT CONSUMERS PART X

WHICH IS SLIGHTLY ADVANCED IN TERMS OF CALCULATIONS AND DATA COLLECTIONS BUT IS CONSIDERED TO BE THE MOST ACCURATE FOR PREDICTIONS. ALL THE ESTIMATIONS ARE BASED ON THE PAST DATA AVAILABLE AND THE FACTORS THAT ARE INFLUENCING IT DIRECTLY OR INDIRECTLY. STEPS FOR REGRESSION ANALYSIS NOW LET’S GO OVER THE STEPS THAT ARE INVOLVED IN REGRESSION ANALYSIS METHOD ONE BY ONE. STEP...

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