Egg donation is a process in which egg id donated by a woman to another woman so that the second woman can conceive.In this process the person who wants to look for a egg donor can go to infertility clinics or egg donating websites. There the person can search for the type of egg donor he/she wants. The egg donor that looks physically and mentally sound to the person can be chosen. Some people also look for egg donors with special qualities such as excellence in sports, music, dance, academics, etc. Thus, the process of egg donation and selection is related to consumer consumption.
As Marshall observed, "Statistics are the straw out of which I, like every other economist, have to create bricks," this statement does definitely illustrate the significance and relevance of statistics in economics.
The economy is one of the most important aspects of our lives. Professionals in the financial sector frequently use it. However, economics without statistics is useless. We will offer statistics on economics with you in this blog. In economics, various statistics in economics are employed. You can reveal those economic information with the aid of this blog. But first, let's look at what statistics mean in the context of economics.
The quantification of data is handled by statistics. The qualitative data that is used in the data collection was represented using a variety of figures. The methodology used to deal with data collection, tabulation, classification, and presentation is known as statistics in economics.
Learn more about statistics in economics here
brainly.com/question/23822576
#SPJ9
Answer: option b
Explanation: In simple words, collinearity refers to the condition under which some of the Independent variables in the model are related to each other. This international between independents variables can result into incorrect results while fitting the model.
Therefore, collinearity causes problem as the analyst prepares a model on the basis that there will be two inputs one is dependent another is independent but due to this phenomenon the expected input structure collides.
Hence from the above we can conclude that the economist should be concerned with col linearity.
Diligence is the idea that consumers and sellers do not meet on an equal footing, and that the interests of consumers run the risk of being particularly harmed by manufacturers who are tempted to purchase their products.
In sales, business, and economics, a customer is someone who buys something for money or other value from a vendor, vendor, or supplier. This person is also called the customer, purchaser, or purchaser.
There are four types of buyer-seller relationships: transactions, functions, partnerships and strategies. His four basic sales strategies used by salespeople are scripted selling, needs-satisfaction selling, consultative selling, and strategic partner selling.
Learn more about consumers here
brainly.com/question/17629073
#SPJ4