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Descriptive Research analysis : It can be divided into two classes:
a. Panel Analysis Longitudinal Study
b.Cross Sectional Analysis Study a. Longitudinal Studies: Longitudinal studies are based on panel data and panel methods. A panel is a sample of respondent who are interviewed and then reinter viewed from time to time: generally panel data relate to the repeated measurements of the same variables. Each family included in the panel, records it purchases of a number of product at regular intervals say weekly monthly or quarterly. Over a period of time such will reflect change in the buying behaviour of families.Panel Analysis can be further divided into two categories: a.Traditional Panel - Where measurements of the same variables is made repeatedly at different points of time.
b.Omnibus Panel - Where the information is collected from each of the sample member varies each time.
funtional information system
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In problem one, the best strategy under the mini-max regret decision criterion a. Apartments, $119,000.00 b. Apartments, $120,000.00 c. Condos, $71,000.00 d. Condo
for the two selected organisations evaluate their selection practise and procedures adopted by the organization and compare these to ‘best practice.
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