10.Suppose you stand outside a store and randomly give some shoppers coupons as

Question

10.Suppose you stand outside a store and randomly give some shoppers coupons as they enter while other shoppers receive none. You then record how much each shopper spends in the store. The data you collect isdata. a. Survey b. Experimental c. Selective d. Random 11.Which of the following sections usually comes first in a research report? a. Economic model b. Description of data. c. Review of literature on the topic. d. State of problem. 12.What does it mean for a panel data set to be balanced? a. The number of observations in the treatment and control group are equal. b.Each unit of observation is observed for the same number of time periods. c. Males and females are equally represented in the sample. d. The observations are equally split before and after the event being studied. 13.A data set containing the number of adults with university degrees in each of the a. Panel b. Cross section C. Flow d. Time series

Explanation / Answer

ANSWER:

10) EXPERIMENTAL (DEFINITION)

11) STATE OF PROBLEM (FACT)

12) EACH UNIT OF OBSERVATION IS OBSERVED FOR THE SAME NUMBER OF TIME PERIODS (DEFINITION)

13) CROSS SECTION DATA (DEFINITION)

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