Hi folks,
How do we calculate α from the data in the table below for, say, Krosse?
Is it just the yellow highlighted? If so, why?
Thanks!
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A question for you: are these (Procken, Krosse, etc) countries?
I struggled with something similar when working on an engineering assignment recently. I had to calculate certain variables that were pretty tricky to figure out at first. I found this site https://essays.edubirdie.com/engineering-assignment-help with assignment help that really helped me break things down step by step. For α in economics, I'd say it’s about isolating the relevant variable from the data. If the yellow highlighted data makes sense in that context, it’s probably the right direction. Focus on understanding what α represents for Krosse first.