Econometrics 2 Essay Example | Topics and Well Written Essays - 1000 words

Econometrics 2 - Essay Example The independent variables on the other hand include; Workers, Population Density, Average Income, Products, Price Levels, Competition, Service Ratings, Location (Central London), and Convenience. According to the table above, the R Square and the Adjusted R square are above 50%, 0.652 and 0.564 suggesting that they are 65.2% and 56.4% respectively. This means that 56.4% of the independent variables explain the dependent variable (profit levels). Since the Durbin-Watson, result indicates 2.119, a figure that represents no autocorrelation; therefore, the regression results are reliable and unbiased. The statistical result above can be used effectively in predicting the variations in the profit level at the supermarket group ‘Dodo’. Walrus is an online bicycle store that sells mainly one product, their ‘tBike’. Another online bicycle store, ‘Shifty’, has recently announced a lasting and substantial reduction in their prices for the next year. The analysis below is aimed at determining whether this is likely to significantly affect their sales of tBikes. According to the analysis below, tBike Sales is the dependent variable while shifty Price, Average Income, December, and tBike Price are independent variables. The table below summarizes the descriptive statistics. The model summary below shows the variations and relationship between the dependent and independent variables. According to the table below, the adjusted R squared is 0.729 implying that 72.9% of the independent variables explain the variations of the dependent variable, tBike Sales throughout the period of the data. Since the Durbin-Watson, result indicates 1.087, a figure that represents no autocorrelation; therefore, the regression results are reliable and unbiased. The statistical result above can be used effectively in predicting the variations in the profit level at

Financial Markets Essay Example | Topics and Well Written Essays - 1000 words - 1

Financial Markets - Essay Example In the context of the International Community the most known financial regulators are the following ones: a) the International Organization of Securities Commissions – also known as IOSCO, b) the Basel Committee on Banking Supervision and c) the Committee of European Securities Regulators – for the supervision of Financial Services across Europe. It has to be noted that international regulators have no power to impose specific rules on countries internationally – or to ask the local authorities to take measures in order to support such activity (Backley, 2008, p.135) The term ‘denomination intermediation’ refers to the transformation of money by financial intermediaries – usually the banks (Jeucken, 2001, p.56); a clearer definition of the above term is provided by Neave (1998); in accordance with the above researcher, the term ‘denomination intermediation’ reflects the following activities of banks: a) the gathering of money through the accounts of individuals – the amount deposited in each account is usually small and b) the lending of this amount – money gathered; the amounts given as loans are usually high (Neave, 1998, p.260). Towards the same direction, Brigham (2008) notes that ‘denomination intermediation’ is a term reflecting ‘the process by which financial intermediaries transform funds provided by savers into funds used by borrowers’ (Brigham, 2008, p.101). Liquidity risk is related with insolvency at the following point: in cases of high liquidity, the risk of insolvency is decreased; on the other hand, in low liquidity, the risk of insolvency is increased; it is in this context that the above two risks have been characterized as ‘linearly coupled processes’ (Matz et al., 2007, p.174). At the next level, liquidity can have a series of different aspects – including ‘the