QUESTIONS FOR CLASSROOM DISCUSSION ON DEMAND ESTIMATION

After reading about an application of how estimation/regression analysis can be used in forecasting, consider the following:

  • Is it odd that athletic-related determinants are rarely mentioned in this estimation?
  • How can empirical functions estimating Olympic medal winnings be used in future Olympic Games?
  • Can you foresee any pitfalls in using the result of past Olympic Games to say anything about the future?

Our classroom discussion will take place after midterm exam #1. I am looking forward to it!

Posted by Prof. C-S

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: