The federal government has stated a program that helps people with incomes below 35,000 per year qualify to refinance their houses. Your friend proposes analyzing the effectiveness of this program using an RD design. How could this go wrong and how do you check to see if it is going wrong?

The federal government has stated a program that helps people with incomes below 35,000 per year qualify to refinance their houses. Your friend proposes analyzing the effectiveness of this program using an RD design. How could this go wrong and how do you check to see if it is going wrong?

Management, Loose-Leaf Version

13th Edition

ISBN:9781305969308

Author:Richard L. Daft

Publisher:Richard L. Daft

Chapter19: Managing Quality And Performance

Section: Chapter Questions

Problem 10DQ

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Concept explainers

Forecasting

Forecasting is a methodology that uses historical data as inputs to make well-informed predictions about the course of future trends. Forecasting is the method of making forecasts based on historical and current data, most commonly by trend analysis. In the business world, forecasting is a basic statistical task. Forecasting is used by businesses to decide how to allocate their budgets or prepare for expected expenditures in the future. Forecasts help managers formulate and execute production plans by providing forecasts. The primary goal of forecasting is to make accurate predictions.

Question

The federal government has stated a program
that helps people with incomes below 35,000
per year qualify to refinance their houses. Your
friend proposes analyzing the effectiveness of
this program using an RD design. How could
this go wrong and how do you check to see if
it is going wrong?

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