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Limitations of Panel Data:
a. Panel data may not be representative samples since panel members are expected to put in some effort in furnishing data to the research organization some persons chosen in the original sample may refuse to serve on panels. This may distort the representative character of the original sample. To minimize refusals of this type many organization pay some money to panel members. This poses another issuer does this payment attract a particular type of panel member?
b. Panel members may report wrong data. Ordinarily panel members are expected to act with a sense of responsibility and supply accurate information. However this may not be the case when panels are not well maintained. Moreover after the initial attraction of membership of a panel has faded members may lose interest in this task and may not fully cooperate with the research organization. This will affect the quality of information. Sometimes panel members may deliberately give wrong information to show off their status annoyance over periodical reporting or repeated interviews.
e) Formulate a spreadsheet model for performing a simulation of the daily sales. Perform 300 replications and obtain the average of the sales over the 300 simulated days
an assignment on selection process of HR department in any company
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Registration Data: Registration data are the outcome of legal requirements of the submission of final accounts and reports to the registrar of companies and to the ministry c
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Select an organisation from the retail industry that is involved in marketing activities and analyse how the chosen organisation utilises each of the marketing mix elements in its
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