5. The way NAICS industry data are classified can change measures like HHI and Concentration Ratio. Explain one way industrial classification can bias CR upwards, and one way it can bias CR downward.

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section: Chapter Questions
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5. The way NAICS industry data are classified can change measures like HHI and
Concentration Ratio. Explain one way industrial classification can bias CR
upwards, and one way it can bias CR downward.
Transcribed Image Text:5. The way NAICS industry data are classified can change measures like HHI and Concentration Ratio. Explain one way industrial classification can bias CR upwards, and one way it can bias CR downward.
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