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Understanding Time Series Data in Machine Learning | Forecasting Methods Explained
Time series data is all around us—from stock prices to weather patterns, sales forecasts, and much more.
Understanding how to forecast using machine learning can make all the difference in decision-making.
In my latest video, I dive deep into Time Series Data and explain some of the most popular Forecasting Methods used in machine learning!
📌 What you'll learn:
Basics of Time Series Data 📈
Popular Forecasting Methods 🔮
How ML models can improve predictions
Real-world applications and examples 🌍
🔔 Don't forget to like, share, and subscribe for more AI/ML content!
#TimeSeries #MachineLearning #Forecasting #AI #DataScience #PredictiveAnalytics #ProfessorRahulJain
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You're on the right track by diving into time series forecasting in machine learning! Since you're already exploring the basics and popular forecasting methods, here are some scientifically grounded suggestions to deepen your understanding and enhance the quality of your analyses:
1. Go Beyond Traditional Forecasting Methods
While classical models like ARIMA, Exponential Smoothing (ETS), and Holt-Winters are widely used, machine learning-based approaches such as Long Short-Term Memory (LSTM), Transformer-based models, and Temporal Fusion Transformers (TFT) have revolutionized time series forecasting. Consider comparing these approaches on the same dataset to evaluate their strengths and weaknesses.
2. Feature Engineering is Key
Unlike traditional statistical models, machine learning approaches benefit significantly from feature engineering. Some useful engineered features include:
Lag variables (previous values of the series)
Rolling statistics (moving averages, standard deviations)
Fourier transformations (to capture seasonality)
External covariates (macroeconomic indicators, weather data)
3. Consider the Stationarity of Your Data
Many traditional forecasting models assume stationarity (constant mean and variance over time). If your data is non-stationary:
Use differencing or log transformations to stabilize variance.
Test for stationarity using the Augmented Dickey-Fuller (ADF) test.
If using ML models, consider models like XGBoost or LSTMs, which can work well with non-stationary data.
4. Model Selection and Hyperparameter Tuning
Each forecasting method has hyperparameters that significantly impact accuracy:
For ARIMA: Use grid search over (p, d, q) to find optimal values.
For ML models: Tune parameters like number of trees (Random Forest, XGBoost) or number of layers and neurons (LSTM, Transformers).
5. Performance Metrics Matter
Evaluate models using the right performance metrics:
Mean Absolute Percentage Error (MAPE): Good for percentage-based accuracy.
Root Mean Squared Error (RMSE): Penalizes larger errors more heavily.
Mean Absolute Error (MAE): A simpler alternative to RMSE.
Diebold-Mariano Test: Use this test to compare two forecasting models statistically.
6. Understand Real-World Constraints
In real-world applications:
Data availability and quality can be a bottleneck.
Concept drift (changes in underlying patterns) can reduce model accuracy over time.
Computational efficiency matters, especially for real-time forecasting (e.g., in financial markets).
7. Experiment with Advanced Methods
Try Facebook’s Prophet if you want an interpretable ML-based model.
Experiment with Attention-based Transformers (e.g., Informer, Time Series Transformers) for long-range dependencies.
Use AutoML frameworks (like AutoTS, H2O AutoML) for automated feature selection and model tuning.
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Final Advice
If you're making educational content on this topic, consider: ✔ Comparing classical vs. ML-based methods on the same dataset.
✔ Demonstrating real-world applications (e.g., stock price forecasting, sales predictions).
✔ Explaining trade-offs (e.g., accuracy vs. interpretability).
By integrating statistical rigor, ML advancements, and real-world applications, you’ll not only master time series forecasting but also create valuable educational content for others.
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Hello all, could you please help me have some scientific explanation of how R&D(t-1) and R&D(t-2) are negatively related for some pharmaceutical companies to sales? However, the R&D(t) is positively associated with sales. Where sales is the dependent variable.
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Research and Development (R&D) lag can negatively impact sales revenue in several ways:
1. *Delayed Product Launches* : When R&D processes take longer than expected, it can delay the launch of new products, causing missed market opportunities and allowing competitors to gain an advantage.
2. *Increased Costs* : Prolonged R&D can lead to higher costs, which can reduce profit margins and make it harder to price products competitively.
3. *Reduced Innovation* : Slow R&D can stifle innovation, leading to a lack of new and improved products that can drive sales growth.
4. *Market Misalignment* : If R&D is not aligned with market needs and trends, the resulting products may not meet customer expectations, leading to lower sales.
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What is the nature of a sale involving disputed rights?
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First of all avoid buying disputed rights property of any type specially when matter is subjudice
here are some points explaining sale of disputed rights properties (it means immovable assets, financial instruments and others)
Sale of Disputed Rights: Key Points
Definition: A sale where the seller transfers rights or property under dispute or litigation to a buyer.
Risk Assumption: The buyer takes on the risk of the dispute’s outcome; success or failure impacts their ownership or benefits.
Legal Validity: Generally valid under laws like the Transfer of Property Act, 1882 (India), provided it does not involve inalienable rights or statutory prohibitions.
Caveat Emptor: The buyer is expected to perform due diligence and accept the risks involved.
Disclosure: The seller must inform the buyer of existing disputes to avoid claims of fraud or misrepresentation.
Discounted Price: The sale price usually reflects the uncertainty and potential risk associated with the dispute.
Legal Documentation: Clear agreements outline the nature of the dispute and risk transfer to the buyer.
Prohibited Practices: Avoidance of maintenance (lawsuit support for profit) or champerty (sharing lawsuit proceeds) is necessary to ensure fairness.
Example of a Sale Involving Disputed Rights:
Scenario:
A seller owns a piece of agricultural land that is under litigation due to a boundary dispute with a neighboring landowner. The court case has been ongoing for several years, and the final decision is pending.
Transaction:
The seller offers to sell the land to a buyer at a discounted price, clearly informing them of the ongoing dispute. The sale agreement explicitly states:
Details of the litigation.
Acknowledgment by the buyer of the dispute and assumption of risk.
No liability on the seller if the court rules against the seller’s claim to the land.
Outcome:
If the court rules in favor of the seller, the buyer retains undisputed ownership and benefits from the lower purchase price.
If the court rules against the seller, the buyer loses the disputed portion of the land but cannot claim compensation from the seller.
This example highlights the importance of disclosure, risk assumption, and clear documentation in disputed rights transactions.
In case you have specific query about any transaction do write and we can explore its outcome
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We need to replace our large muffle furnace and the replacements are extremely expensive for the size we need. Can I purchase a high-end, vented kiln instead? Is there a difference in the two pieces of equipment that make them not interchangeable?
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Yes, you can consider purchasing a high-end, vented kiln as an alternative to a large muffle furnace, but they are not entirely interchangeable due to some key differences in their design, functionality, and intended use. Hence they are interchangeable subject to comparison below. If that falls in your working parameters range. Go ahead
Here are the key differences between a muffle furnace and a vented kiln:
Maximum Operating Temperature: A muffle furnace can reach up to 1,600°C or higher, while a vented kiln typically operates up to 1,400°C or lower.
Heating Environment: A muffle furnace uses a fully sealed environment, ensuring uniform and controlled heating. In contrast, a vented kiln allows gas exchange through its ventilation system.
Primary Use: Muffle furnaces are commonly used for sintering, material testing, metallurgy, and calcination. Vented kilns are primarily used for ceramic production, pottery, and glass firing.
Temperature Precision: Muffle furnaces offer very high temperature precision, while vented kilns have moderate precision.
Ventilation: Muffle furnaces lack ventilation to maintain complete isolation, while vented kilns include ventilation mechanisms to allow gases or byproducts to escape during firing.
Typical Applications: Muffle furnaces are suited for laboratory testing and sintering metals, while vented kilns are best for ceramics, pottery, and glass-related firing processes.
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Hello, I have just joined a company that is facing challenges. It is a newly emerging company. The company's product is of good quality and extensive advertising has been formed, however, the sales level is low, and this has caused us to sell on credit, the company's liquidity will decrease. The manager suggested that we sell our products with a ten percent discount for cash sales, but This problem was not solved. In your opinion, what solutions can be adopted to get out of this crisis?
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Specifically, based on your sentence
"The manager suggested that we sell our products with a ten percent discount for cash sales, but This problem was not solved."
So, presumably, you have the sales data before and after the discount. Thus, (1st) create (fit) a demand function on these sales data; and (2nd) write down (create) the correponding revenue function and maximize it - - a standard textbook example, however, maximization will reviel the optimal discount value that may work out well for you (under the given (your) sales data).
btw, Additionally, a cost function can be incorporated in the revenue function, which is then maximized again for a more optimal (and conservative) discount.
Good luck
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hello need help isn't there any fast publication journal who could publish in less than a month without Apc?
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Will be the result
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Many companies have the best strategic planning, but are not at aligning sales with strategy. In fact, they create poor sales plans. How you or your organization would build an effective sales plan to achieve economic goals effectively?
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To develop an effective sales plan, it is essential to consider several aspects ranging from analyzing the current situation to establishing strategies and monitoring results. Below is a process outlined in key steps:
Market and Competitor Analysis: Examines the current environment in terms of market trends, competitors, and customer needs. This analysis provides a clear view of where the product or service stands in relation to the market.
Defining Sales Objectives: Establish clear, specific, measurable, attainable, relevant, and time-bound (SMART) goals. Objectives may include annual or quarterly sales, market share, or growth in new segments.
Ideal Customer Profile (Buyer Persona): Defines the ideal customer, considering demographic factors, needs, problems faced, and purchasing motivations. This facilitates the customization of strategies and messages.
Sales Strategies: Develop strategies aligned with objectives. Some strategies may include market segmentation, product differentiation, focusing on specific distribution channels, or cross-selling.
Action plan: Detail the specific actions for each strategy, such as marketing campaigns, promotional tactics, team training, strategic alliances, etc. It is important to assign responsibilities and times for each action.
Defining the team and resources needed: Define the human and material resources needed to fulfill the plan. This includes training, customer management tools (CRM), and any other relevant resources.
Establishing the budget: Calculate the total cost of implementing the plan and allocate the necessary budget for each activity. Make sure to adjust the budget based on resources and priorities.
Implementation and monitoring: Execute the action plan and establish a KPI (Key Performance Indicator) monitoring system that allows you to monitor progress. Some KPIs can be number of leads generated, conversion rate, sales achieved, among others.
Evaluation and adjustments: At the end of each period, perform an analysis of the results obtained by comparing them with the initial objectives. Adjust the strategies and actions based on the results to optimize the plan.
This approach helps create a structured and adaptable sales plan, with a clear focus on the customer and continuous improvement of results.
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Church
Monastery
Church history
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I would compare the church and the organization.
The former has the covenantal shepherd and belivers. The latter has contracted employees.
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I am NOT FOR SALE, but here are some samples of my PAINTINGS (as all SELF RESPECTING CHINESE EMPERORS MUST MASTER), it's what I call:
ULURU MEETS MEKONG
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As for my CLAY WORKS, I HAVE BEEN CARELESS & WANTON. Whoever are in possessions of those CLAY SCUPTURES might think they are seating on BILLIONS. I TRUST THE FORBIDDEN CITY HAS SAFEGUARDED THEM...
For me, WOO cares...
I can ALWAYS DO THE WAR OF ART...
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Powder samples are likely to contaminate the chamber and damage the pump possibly during pumping and venting steps. Is there a way to prepare powder samples so that they can be processed in the RTP system?
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Можно незначительно увлажнять порошковую смесь, а затем это вещество возгонять при термообработке( спекании).
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LET'S ALL CREATE A MEXICAN WAVE TOGETHER.
WE HAVE BEEN WORKING FOR YEARS BUT JOURNALS ARE EARNING MONEY. WHY AREN'T THE AUTHORS PAID INCENTIVES FROM EVERY SALE?
LET 1 PERSON TAG 1 PERSON
AND NOW WE WILL EARN MONEY, i.e. let's meet at www.rawdatalibrary.net, the PLATFORM TO SELL OUR DATA
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Project is to conduct a comprehensive analysis of online retail sales trends and customer behaviour using data collected from online sources. The project aims to derive actionable insights for optimising marketing strategies, improving customer experience, and enhancing overall business performance for e-commerce businesses. It will include the analysis of online retail data sourced from various e-commerce platforms, APIs, or web scraping techniques. The focus will be on understanding the factors influencing sales, identifying patterns in customer behaviour, and predicting future sales trends. Include customer segmentation and predictive modelling
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Predictive analysis of online retail sales trends and customer behavior involves using historical sales data, customer interactions, and advanced analytics techniques (like machine learning) to forecast future sales, identify purchasing patterns, and tailor marketing strategies to improve customer engagement and sales performance.
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I have some online courses which I need to market to the right audience and convert into a sale. How do I do it successfully?
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To successfully market your online courses, follow these strategies:
  1. Optimize Your Website: Ensure your website is user-friendly, mobile-optimized, and includes clear information about your courses.
  2. Content Marketing: Create valuable content such as blog posts, videos, and webinars that attract and engage your target audience.
  3. Social Media Marketing: Use social media platforms to promote your courses, engage with potential students, and share testimonials.
  4. Email Marketing: Build an email list and send regular updates, promotions, and valuable content to your subscribers.
  5. SEO: Optimize your content for search engines to increase organic traffic.
  6. Collaborate with Influencers: Partner with influencers in your niche to reach a broader audience.
  7. Offer Free Trials or Samples: Provide free access to a part of your course to showcase its value.
  8. Leverage Online Learning Platforms: List your courses on platforms like Udemy, Coursera, or Teachable to reach a wider audience.
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What economic disadvantages do local farmers face due to the import and sale of off-season vegetables?
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Local farmers often face several economic disadvantages due to the import and sale of off-season vegetables:
  1. Price Competition: Off-season vegetables often come from regions with lower production costs, such as countries with different labor standards or lower environmental regulations. This can lead to imported vegetables being sold at lower prices compared to locally grown produce. Local farmers may struggle to compete on price, especially if they cannot match the economies of scale or lower production costs of larger, industrial farms abroad.
  2. Market Saturation: When off-season vegetables flood the market during periods when they are not locally in season, it can lead to oversupply. This oversupply drives down prices further, reducing profit margins for local farmers who rely on selling their produce during its peak season.
  3. Reduced Market Demand: Consumers may become accustomed to having certain vegetables available year-round due to imports. This can decrease demand for locally grown seasonal vegetables when they are actually in season, as consumers may opt for cheaper or more familiar imported alternatives.
  4. Loss of Market Access: Local farmers may lose access to retail markets or distribution channels if retailers prioritize cheaper imported produce over local offerings. This loss of market access can severely impact farmers' ability to sell their produce and maintain consistent income streams.
  5. Financial Viability and Sustainability: The economic pressure from imported off-season vegetables can make it financially challenging for local farmers to invest in sustainable farming practices, improve infrastructure, or expand their operations. This can hinder their long-term viability and competitiveness in the market.
  6. Dependency on Imports: Over-reliance on imported off-season vegetables can weaken local food security and resilience. It reduces diversity in local agriculture and increases dependency on global supply chains, which can be vulnerable to disruptions such as natural disasters, political instability, or trade disputes.
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In my opinion this approach is true. Because short size texts are more attractive for people, due to the fact that they can consider that they will read it in a few minutes and understand easily. Actually, to produce short and understandable texts in academy is not that simple ( because we want to write everything clearly ) , readers and researchers need this type of readings.
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This concise research question focuses on two main aspects:
  1. Impact of Augmented Reality (AR) on Purchasing Decisions: The question investigates how the use of AR technologies in online luxury fashion retail platforms affects the buying behavior of consumers in the UK. AR can offer immersive experiences where consumers can virtually try on clothing or accessories, enhancing their understanding of the product and potentially influencing their decision to purchase. This part of the question aims to understand whether AR features lead to more informed purchasing decisions, increase buyer confidence, or possibly even lead to higher sales conversions.
  2. Optimization Through Engineering Management Principles: The second part of the question explores how principles of engineering management can be applied to optimize the integration of AR in online retail settings. This involves looking at the systematic planning, design, and implementation of AR technologies to enhance operational efficiency, improve user experience, and ensure the sustainability of the technology. It considers how engineering management can address challenges such as technological integration, scalability, cost efficiency, and the alignment of AR technology with broader business goals.
The research will likely involve analyzing consumer behavior through data collection methods like surveys or interviews, and examining case studies or existing implementations of AR in luxury retail. It will also include an evaluation of how engineering management principles can be applied to streamline processes, manage technological changes, and enhance the overall effectiveness of AR technologies in engaging consumers and driving sales.
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The integration of Augmented Reality (AR) in online luxury retail has a significant impact on UK consumer purchases by enhancing the shopping experience, increasing confidence in product selection, and reducing the likelihood of returns. AR allows consumers to virtually try on products, visualize how items will look in their physical space, and explore intricate details, such as fabric texture and craftsmanship, all from the comfort of their own home. This immersive experience bridges the gap between the online and offline shopping experience, thereby fostering a deeper connection with the product and brand.
Engineering management can optimize AR integration in online luxury retail by prioritizing several key strategies:
User Experience Design: Invest in intuitive and seamless AR interfaces that enhance the overall shopping experience. This involves collaborating closely with UX/UI designers to create interfaces that are easy to navigate and provide realistic representations of luxury products.
Technological Innovation: Stay at the forefront of AR technology advancements to continually improve the quality and realism of virtual try-on experiences. This may involve leveraging computer vision, machine learning, and 3D modeling techniques to create lifelike renderings of products.
Performance Optimization: Ensure that AR features are optimized for performance across various devices and internet connections. This requires rigorous testing and optimization to minimize latency and ensure smooth rendering, particularly on mobile devices, which are increasingly becoming the primary platform for online shopping.
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Construire un diagramme d’activité pour modéliser le processus de commande d’un produit. Le processus concerne les acteurs suivants: - Client: qui commande un produit et qui paie la facture - Caisse: qui encaisse l’argent du client - Vente: qui s’occupe de traiter et de facturer la commande du client - Entrepôt: qui est responsable de sortir les articles et d’expédier la commande.
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Veuillez consulter mon document de recherche "Modèle d'excellence commerciale axé sur le client". Il montre diverses activités, leurs interrelations et les résultats attendus.
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I would like to know examples of factors that can influence a supermarket's sales forecast, whether internal or external factors, so that I can broaden my view on the topic.
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Algunas variables relevantes para el pronóstico de ventas en una cadena de supermercados podrían incluir:
1. Historial de ventas pasadas: Analizar patrones de ventas anteriores puede proporcionar información sobre tendencias estacionales y ciclos de demanda.
2. Datos demográficos: Información sobre la población local, como edad, ingresos, tamaño de la familia, y características socioeconómicas pueden influir en las preferencias de compra.
3. Cambios en la economía local: Factores como el desempleo, la inflación y el poder adquisitivo pueden afectar el comportamiento de compra de los consumidores.
4. Promociones y publicidad: La efectividad de las campañas promocionales y de marketing puede influir en las ventas, así como el tipo y la frecuencia de las promociones.
5. Competencia: La presencia y las estrategias de los competidores pueden impactar en las ventas de la cadena de supermercados.
6. Eventos especiales y días festivos: La planificación para eventos como días festivos y días de descuento puede ayudar a prever cambios en la demanda.
7. Estacionalidad y tendencias de consumo: Factores estacionales, como el clima, así como las tendencias de consumo en productos específicos, pueden influir en las ventas.
8. Ubicación de la tienda: La ubicación geográfica de las tiendas y las características del área circundante pueden afectar las ventas.
Al considerar estas variables y utilizar técnicas de análisis de datos, como modelos de series temporales o análisis de regresión, una cadena de supermercados puede mejorar su capacidad para pronosticar ventas con mayor precisión.
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For Example the sales of Mobile Phones is increasing in a country. If we want to study that does introduction of a new technology in mobile phones change/shift the growth trend in sales of mobile phones? Which statistical tools are best suited for this type of study.
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Use correlation or regression methods
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I have daily sales data and stock availability for items in a supermarket chain. My goal is to estimate the sales quantity elasticity with respect to availability (represented as a percentage). With this model, I want to understand how a 1% change in availability impacts sales. Currently, single-variable regressions yield low R-squared values. Should I include lagged sales values in the regression to account for other endogenous factors influencing sales? This would isolate availability as the primary exogenous variable
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Well, I don't get a clear picture of the variables you are considering for your study. Since you are considering daily data and you have more than one variable you can either apply non-linear ARDL(s) or multivariate volatility models depending on the objectives of your study. Bear in mind that the pre-tests are highly instrumental to the choice of models.
Best wishes!
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The civil legislator stipulates that disposal of real estate outside the real estate registration department is considered invalid. However, many people conclude real estate sale agreements outside the real estate registration department, and include a penalty clause that the party abandoning the agreement must pay to the other party. What is the legal value of this penalty clause? Is it possible to go to court to demand it from the defendant?
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In my opinion, the penalty provisions for violating the agreement are invalid.
The penalty is the "legal consequences" part of the complete contranctual article, and contract law that discourages illegal behavior, will also invalidate its legal consequences. And the law stipulates that real estates can only be transferred by " registration", and over-the-counter transactions are not allowed, which is a basic requirement to protect transaction security. Furthermore, the breaching party's duty of good faith shall be based on the most basic spirit of the contract, and there is no room for compliance with illegal agreement, and it cannot engage in illegal activities because of good faith.
If remedial measures are considered, where one party has paid the purchase price of a house, but is unable to register and cannot obtain the property, the breaching party can be required to return the unjust enrichment and return purchase price that has been paid; At the same time, considering whether the counterparty is at fault in the negotiation process of such transaction, it claims the liability for negligence in the contracting of invalid agreement, and requires appropriate compensation for loss of opportunity cost of negotiation.
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Global market size of additive manufacturing(AM) is still very low. AM is seen as a way to confront challenges by significantly reducing time-to-market and opening up new opportunities for the economy and society. There is still something preventing manufacturers (may be challenges like technical, financial, capability, design, IT integration etc.), from integrating AM technologies more generally into manufacturing process. Many analyses are limited when it comes to quantifying the environmental impact. Economical products are more attractive and demand and sales might be good though, but major difficulties is to factor impacts into business calculation?
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Dear Ashish Thakur please recommend my answer if helpful.
Scaling the adoption of Additive Manufacturing (AM) can indeed be challenging, and addressing the shortage of workforce skills is a crucial aspect of successful implementation. Here are some strategies that engineering management can adopt to handle the shortage of workforce skills in the context of AM:
1. **Invest in Training and Education:**
- Develop comprehensive training programs for existing employees to upskill them in AM technologies. This can include both theoretical knowledge and hands-on training. Consider partnering with educational institutions to provide specialized courses or certifications in AM.
2. **Recruitment and Talent Development:**
- Actively recruit individuals with a background in AM or related technologies. Look for candidates with experience in 3D printing, materials science, and computer-aided design (CAD). Additionally, invest in programs to develop talent internally by offering mentorship and career development opportunities.
3. **Collaborate with Educational Institutions:**
- Establish partnerships with universities, technical schools, and research institutions to influence curriculum development. This collaboration can help ensure that graduates are equipped with the necessary skills for AM. Consider offering internships or co-op programs to bridge the gap between academia and industry.
4. **Cross-Functional Training:**
- Encourage cross-functional training within the organization. Employees with expertise in traditional manufacturing methods can undergo training to understand and adopt AM technologies. This promotes a multidisciplinary approach, fostering collaboration between different departments.
5. **Knowledge Sharing and Collaboration:**
- Foster a culture of knowledge sharing within the organization. Encourage collaboration between teams working on AM projects and those focused on traditional manufacturing. This helps in the exchange of skills and expertise.
6. **Create Centers of Excellence:**
- Establish dedicated Centers of Excellence (CoE) for AM within the organization. These centers can serve as hubs of expertise, where employees can receive specialized training, work on AM projects, and share knowledge.
7. **Utilize External Training Resources:**
- Leverage external training resources, such as workshops, conferences, and online courses, to supplement internal training efforts. This can expose employees to the latest advancements in AM and provide opportunities for networking with industry experts.
8. **Employee Engagement and Recognition:**
- Recognize and reward employees who demonstrate a commitment to learning and adopting AM technologies. This can boost morale, create a positive learning environment, and motivate others to acquire new skills.
9. **Stay Informed on Industry Trends:**
- Engineering management should stay informed about the evolving landscape of AM technologies. Regularly assess the skills required in the industry and align training programs accordingly to ensure relevance and competitiveness.
10. **Continuous Improvement:**
- Establish a continuous improvement mindset within the organization. Regularly assess the effectiveness of training programs, solicit feedback from employees, and adjust strategies based on changing workforce needs and technological advancements.
Addressing the shortage of workforce skills in AM requires a holistic approach that combines training, recruitment, collaboration, and a commitment to ongoing learning and development. By strategically investing in workforce development, engineering management can position their teams for success in adopting and scaling AM technologies.
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Unfortunately, the future is highly unpredictable , thus informal and unmoderated debates often boil down to venting and the more persuasive side winning.
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Unfortunately, many debates are won by violence. People become large and intimidating when venting an opinion steeped in emotional experience.
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AI-Powered Customer Service Representative for Enhanced User Support, including correspondence, customer service, and sales support.
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Artificial Intelligence (AI) has made significant strides in transforming customer service, sales, and correspondence across various industries. In customer service, AI technologies play a pivotal role in enhancing efficiency and improving the overall customer experience.
In customer service, AI-powered chatbots and virtual assistants are widely used to handle routine inquiries and provide instant responses. These AI systems are designed to understand natural language and can address customer queries, resolve issues, and offer information 24/7. This not only reduces the workload on human customer service agents but also ensures swift and consistent responses for customers.
Sales processes have also been impacted by AI. AI-driven analytics and predictive modeling help sales teams analyze customer data, identify trends, and make informed decisions. AI algorithms can predict customer preferences, recommend personalized products or services, and optimize pricing strategies. Additionally, AI-powered sales chatbots can engage with potential customers, answer queries, and guide them through the sales funnel.
Correspondence, including emails and written communication, benefits from AI in various ways. Natural Language Processing (NLP) enables AI systems to understand and generate human-like text. AI tools can assist in drafting emails, providing grammar and style suggestions, and even automatically categorizing and prioritizing incoming messages. This not only saves time but also enhances the quality of written correspondence.
Moreover, AI facilitates sentiment analysis in customer interactions. By analyzing the tone and context of conversations, AI systems can gauge customer satisfaction, identify potential issues, and help businesses address concerns proactively.
However, while AI brings numerous advantages, it's important to note that the human touch remains crucial, especially in customer-centric fields. AI should complement human efforts, allowing professionals to focus on complex problem-solving, emotional intelligence, and building deeper customer relationships.
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Poetry often means productive and expressive venting.
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Poetry can also be regarded as the creative probabilistics of natural human language.
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I want helping of articles about this research tittle
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Tax can be a serious burden for small and medium enterprises and therefore a demotivating factor if not applied with a consideration for the SMEs, though a source of revenue for the government that is charge with the responsibility of providing an enabling environment for SMEs. The side of it most be put into consideration.
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The quality and speed of the application or website
How to Sell
Use of up-to-date technologies
How to send products
after sales service
Product pricing
Organizational Culture
Corporate Communications
Employee attachment
Organizational Commitment
Branding
Marketing
Marketing research
And ...
Please introduce other factors that you think are influential.
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Competitive advantage is a crucial aspect of an organization's success, and it is influenced by a myriad of internal and external factors. Internally, the organizational culture plays a pivotal role. A positive and adaptive culture fosters innovation, employee satisfaction, and efficient operations, all of which contribute to gaining a competitive edge. Additionally, the skillset and expertise of the workforce contribute significantly. Organizations that invest in training and development often find themselves better equipped to adapt to changing markets.
Moreover, effective leadership is a key internal factor. Visionary leaders who can navigate uncertainty, make strategic decisions, and inspire their teams contribute to sustained competitive advantage. The efficiency of internal processes and operations also plays a critical role. Streamlined and well-organized processes enhance productivity, reduce costs, and improve the overall competitiveness of an organization.
Externally, market dynamics and competition are primary factors affecting competitive advantage. Understanding market trends, consumer behavior, and anticipating industry changes allow organizations to proactively position themselves ahead of competitors. Moreover, having a strong brand image and reputation in the market is crucial. A positive brand perception can attract customers, build loyalty, and differentiate a company from its rivals.
Technological advancements are another external factor. Organizations that leverage cutting-edge technologies to enhance products, services, or operational efficiency gain a significant competitive advantage. Economic conditions, regulatory environment, and geopolitical factors also impact an organization's competitive position. Adapting to these external factors requires strategic planning and flexibility.
achieving and sustaining competitive advantage is a multifaceted challenge that requires a holistic approach. Internally, it involves fostering a positive culture, developing human capital, and ensuring efficient operations. Externally, organizations must be vigilant in understanding market dynamics, embracing technology, and navigating the ever-changing external environment. Successful organizations adept at balancing these internal and external factors are well-positioned to thrive in competitive landscapes.
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I need a dataset which consists of following information:
1. consumer demographics
2. product features
so basically sales data of product with consumer demographics corresponding to each sale
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search in Kaggle
good luck
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True or false: a vendor is better at sales if that seller can make more money for selling less value? Why or why not?
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A vendor who focuses on providing genuine value to customers, even if it involves selling a higher-value product or service, is likely to establish trust and credibility. Over time, this approach can lead to customer loyalty, repeat business, and positive referrals. Hence i feel your statement is false.
Hope it helps
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Aim of the study
To analyse the impact of social media marketing on sales and promotion of hotels.
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Yes, the incorporation of social media marketing tools can help businesses create new sales and promotion opportunities. Here are some specific examples:
  1. Social media scheduling tools
  2. Social media analytics tools
  3. Social media monitoring tools
  4. Social media listening tools
  5. Social media automation tools
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The buying and selling of credits that permit a company or a country to emit a certain amount of carbon dioxide or other green houses. The carbon trading is done with a goal of gradually reducing overall carbon emissions and mitigating their contribution to climate change. Carbon trade agreement allow for the sale of carbon credits in order to reduce the total emissions.
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Carbon trading, also known as emissions trading or cap-and-trade, is a market-based approach to controlling and reducing greenhouse gas emissions. It is a system designed to incentivize organizations, industries, and countries to limit their carbon dioxide and other greenhouse gas emissions. The goal is to mitigate climate change and global warming by putting a price on carbon emissions.
Here's how carbon trading works:
  1. Emission Allowances: A regulatory authority (such as a government or an international organization) sets a cap on the total allowable emissions within a certain period. This cap is divided into emission allowances, each representing a specific amount of emissions.
  2. Allocations: Initially, these emission allowances are distributed among companies, industries, or countries that are part of the trading system. Some entities might receive more allowances than they need, while others might receive fewer.
  3. Trading: Entities that emit fewer greenhouse gases than their allocated allowances can sell their surplus allowances to entities that exceed their allowances. This creates a market for buying and selling these allowances.
  4. Market Dynamics: The laws of supply and demand come into play. If a company is struggling to meet its emission reduction targets, it can buy allowances from others who have a surplus. Conversely, those with a surplus can sell their allowances and potentially invest in cleaner technologies.
  5. Incentives for Reduction: The trading system encourages companies to reduce their emissions to stay within their allocated limits or even generate revenue by selling excess allowances.
The idea behind carbon trading is to create economic incentives for emission reductions. Companies that can reduce emissions at a lower cost can sell their allowances, while those facing higher costs can buy allowances to comply with regulations more economically.
Carbon trading is a tool aimed at achieving emissions reduction targets outlined in international agreements like the Kyoto Protocol and the Paris Agreement. It offers a market-based solution to address climate change while allowing flexibility for industries to transition to cleaner technologies and practices.
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In a social market economy, is the concentration of capital and monopolization of markets through the development of large corporations a manifestation of the imperfection of realistically existing markets?
In a social market economy, is the concentration of capital and monopolization of markets through the development of large multinational corporations that take over most of the markets for the sale of their product or service offerings the result of objectively operating processes of a highly liberalized system that allows the market mechanism to operate, or is it rather a manifestation of the imperfection of realistically existing markets?
The basis for this question is the changing relationship in many countries over the past few decades between the numerous economic entities that make up the SME sector and the few large corporations that increasingly monopolize markets and displace the many smaller companies and enterprises that make up the SME sector.
And what is your opinion on this topic?
Please answer,
I invite everyone to join the discussion,
Thank you very much,
Warm regards,
Dariusz Prokopowicz
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Dear researchers, scientists, friends, participants in discussions on the discussion forums of this Research Gate portal
In the midst of these our substantive discussions on various topics and issues considered scientifically, there are unfortunately but fortunately few malicious responses, in fact they are not substantive responses only malicious emotionally negative comments, comments that may suggest negative emotional states towards other people participating in the discussions, towards other cultures that these people represent. This could inspire an interesting research topic. It may be worth addressing this problem scientifically and conducting research on the subject. I encourage you to do so. I would be happy to join the research on this topic, if a research team would be formed on this topic. How about forming an international research team on this topic? Dear researchers, scientists, friends, participants in discussions on the discussion forums of this Research Gate portal, what do you think?
On the other hand, I am glad that, despite the occurrence of a few malicious, disrespectful comments to other people, most of the responses of people participating in various discussions, on various issues of scientific problems, most of the answers given by researchers and scientists, people participating in various discussion threads give fully substantive answers without negative emotional charge to the author of the questions asked, to other people inspiring discussion. Thanks to substantive answers with respect for other people, other researchers and scientists, including people representing other countries, other cultures, etc., science really develops, scientific cooperation develops.
Thank you very much and I invite you to substantive discussions.
My warmest greetings,
Dariusz Prokopowicz
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Is the Choose-this-hole model for sale and what company manufactures it?
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Could you please clarify your question?
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What are the aquafeeds available in the world market? share and sales?
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There are many aquafeeds available in the world market. According to a report by Grand View Research, the global aquafeed market size was valued at USD 72.5 billion in 2022 and is anticipated to grow at a compound annual growth rate (CAGR) of 4.4% from 2023 to 2030
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According to CNN, the United States of America has approved the commercial sale of lab grown meat. The idea is plausible but ethically, is it right to consume such meat?
As an individual, will you feel offended if you are served cultivated or lab grown meat (uninformed or unknowingly) in an eatery that you use to patronize before?
What will be your reaction?
To sue them, I presume.......hahahaha!!! Or you will just sit back & enjoy your meal?
Your reactions can help enlighten the public and the government too, with regards to what they should & shouldn't approve.
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The ethical implications of consuming lab-grown meat vary depending on one's perspective. Supporters argue that it has the potential to address issues such as animal welfare, environmental sustainability, and food security. Lab-grown meat can be produced without raising and slaughtering animals, reducing the need for land, water, and other resources associated with traditional livestock farming. It could also potentially reduce animal suffering.
On the other hand, some people have concerns about the long-term health effects and safety of lab-grown meat, as well as the potential impact on traditional farmers and the economy. Additionally, there are philosophical and cultural considerations surrounding our relationship with food and the natural world.
If someone were served lab-grown meat without being informed, their reaction could vary. Personally I might not have any issue with it and simply enjoy their meal, while others might feel deceived or have concerns about the unknown health effects. Whether legal action is taken would depend on the specific circumstances, local laws, and the individual's personal values and beliefs.
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I need to vent my frustration! As the editor of a powerful and cost-free magazine for readers, I've been trying to bring researchers from other countries to share their ideas with us. Our magazine is a potent platform interested in circulating ideas from around the world within the Brazilian environment, and the best part is that we don't charge anything for its circulation. Unfortunately, many seem to ignore my messages, possibly due to those damn predatory journals out there, spamming our email inboxes without any quality criteria. It's incredibly frustrating. We need to value legitimate publications and promote quality academic dialogue. Any tips for fostering dialogue?
//
J'ai besoin de me confier sur ma frustration ! En tant que rédactrice en chef d'un puissant magazine gratuit pour les lecteurs, j'essaie d'amener des chercheurs d'autres pays à partager leurs idées avec nous. Notre magazine est une plateforme puissante intéressée par la circulation d'idées du monde entier dans l'environnement brésilien, et le meilleur dans tout cela, c'est que nous ne facturons rien pour sa diffusion. Malheureusement, beaucoup semblent ignorer mes messages, probablement à cause de ces maudites revues prédatrices qui pullulent, envoyant des messages dans nos boîtes e-mails sans aucun critère de qualité. Cela me rend très frustrée. Nous devons valoriser les publications légitimes et promouvoir un dialogue académique de qualité. Auriez-vous des conseils pour favoriser les échanges ?
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I can understand your frustration, but it's important to stay positive and keep trying. Here are some tips that may help in fostering dialogue and attracting researchers to share their ideas:
Be clear and concise in your message: Make sure to clearly communicate the purpose and benefits of your magazine in a concise manner. Researchers receive a lot of emails, so it's important to make your message stand out and get straight to the point.
Highlight the quality and legitimacy of your publication: emphasize the quality of your magazine, citing examples of high-quality papers that have been published. Researchers want to know that their work will be given the appropriate attention and credence.
Show appreciation for their work: Demonstrate that you value their work and contributions, and show interest in their research areas. Reach out to them in a personal manner and let them know their work is valued.
Use different channels: In addition to email, consider using social media, academic networks, and other media to engage with researchers. These platforms can help to reach a broader audience and increase the visibility of your magazine.
Collaborate with other organizations: Consider partnering with other organizations to collaborate on publishing and promoting high-quality research. By working with other organizations, it may be easier to bring in researchers and gain greater credibility.
Remember, fostering meaningful dialogue and collaborating with researchers takes time and effort, but it's possible. Hang in there, and keep pushing forward!
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  1. Step 1 - Cost Analysis: Understand the total cost of production for each item. This includes direct costs like materials and labor, and indirect costs like overheads. This will form the baseline for your pricing strategy.
  2. Step 2 - Value-Based Pricing: Determine the perceived value of your product to the customer. This can be done through market research, customer feedback, and analyzing the prices of similar products in the market. The price should reflect the value that customers are willing to pay for the benefits they receive from the product.
  3. Step 3 - Competitive Pricing: Analyze the pricing strategies of your competitors. While Schenck's products may be unique, understanding the pricing landscape in your industry can provide valuable insights. If your prices are significantly higher than similar products in the market, customers may perceive your product as overpriced, even if the value and quality are higher.
  4. Step 4 - Dynamic Pricing: Consider implementing dynamic pricing based on demand and market conditions. For example, you could increase prices during periods of high demand or offer discounts during slower periods to stimulate sales. This requires a good understanding of your market and regular review of your pricing strategy.
  5. Step 5 - Price Testing: Test your new pricing strategy on a small segment of your market to see how it performs. Monitor sales, customer feedback, and profitability to assess the impact of your new pricing strategy.
  6. Step 6 - Review and Adjust: Regularly review your pricing strategy and make adjustments as necessary. Market conditions, cost structures, and customer preferences can change over time, so your pricing strategy should be flexible enough to adapt to these changes.
Remember, the goal of your pricing strategy should be to maximize profitability while providing value to your customers. It's a delicate balance and may require some trial and error to get right.
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This is a marketing decision.
What kind of image do you want to project?
If you want to be seen to be exclusive, then premium pricing (high price) is the answer. Ferrari does this well, their cars cost £1 million, this does not reflect the cost of building the car, but the value added to the brand.
If not Skimming pricing, start with a high price to launch to create an image of high quality, then reduce slowly to mass market. The phone companies (Apple, Samsung) do that. I phone 13 is $1500, Iphone 12 $ 1200, I phone 11 $900, I phone 10 $500, etc. But they all started at $1500 at launch.
Then you have penetration pricing. You start low price, cost price sometimes to capture large part of the market and then raise the price slowly once you have loyal customers, this is Disney+ to take market from Netflix. They started at £5.99 a month, now it is £7.99 a month.
Then you have economy pricing, you sell cheaper, with reduced profit margin, hoping for high volumes of sales but then you project an image of cheap product. This is the Big Mac!
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We are looking for diatom cultures (Achnanthidium delmontii, Achnanthidium druartii, Achnanthidium rivulare, Actinocyclus normanii) either for sale or for cooperation. Is there anyone who deals with these kinds of diatom strains or can you recommend someone?
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The sale of the above solution for the treatment and prevention of contamination of water baths within CO2 incubators is not permitted in Europe anymore.
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Hi any luck with Aquaguard solution or an alternative to it? I am also looking for an alternative as it is hard to find one to buy.
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Currently the cybersecurity is reactive. It reacts to the presence of certain signatures in the operating system, applications, middleware, protocols, frameworks and networks. When these signatures are detected, the appropriate patches are applied to plug the vulnerabilities represented by the signatures.
In this reactive approach, the initiative remains with the attacker. The defense is reactive to what the attacker does. And there is always a time lag between the initiative by the attacker and the construction of the corresponding signatures.
This is not a winning strategy.
Cybersecurity has taken many directions, trends, and new ideas. But this scenario has not changed, the strategy remain a strategy that is not a winning strategy.
In human based decision making, the law enforcement preempts the offender, and arrests the offender before the offence has taken place.
In cybersecurity, we need such a strategy. This would preempt the attacker. It would stop the attack before it begins.
Choudhary Associates in Bowie, MD, have a product that can accomplish this. That constitutes a winning strategy. The details and operations are proprietary. They cannot be disclosed. But the product can be demonstrated in operational scenarios.
Who do you think is a potential customer? How do you think the product can be marketed (currently there is no sales and marketing budget).
Would you be willing to invest in further development, marketing and sales? Who would be interested? Who could be a financier?
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Cybersecurity based on signatures and patches is not a winning strategy
Cybersecurity based on signatures and patches is not a winning strategy. Signature-based detection only works when the threat actor is using known malware, which they often are not. In addition, patches are not always effective against zero-day threats. A better strategy is to use a layered approach to security, which includes monitoring and controlling network traffic, using multiple layers of defense such as firewalls, antivirus software, and intrusion detection systems, and educating users on safe computing practices
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I have data on sales and various marketing efforts, such as advertising spend, social media engagement, and promotional activities. How can I use regression to quantify the effectiveness of these marketing strategies on sales?
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It's as easy as it can be on Spss. First you have to enter your quantitative data into Spss. Identify your variables in the variables view. In the data view, you transform the measures of your Marketing strategies into composite variables. Also transform your sales variable into a composite variable.
Then, click on analyze >>regression >> linear. Drag your independent variables (marketing strategies) into the independent variables box. Drag your dependent variable (sales) into the dependent variable box. Then click okay.
Your multiple regression output will come out showing the relationship between your variables as well as the effects of each of your marketing strategies on the dependent variable - - sales.
You can send me a direct message here for more clarity. I might have not been so detailed in this answer.
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Why do we vent the chamber with N2, because anyways it is going to be in the atmosphere while transferring the sample?
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still, the points I made are valid but, of course, you can also vent the chamber with air - normally nitrogen is used because it doesn't react and nearly every lab has a nitrogen gas supply. If you use bottled gas, also no dust and dirt is sucked into the chamber.
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Price-elasticity models do not fit here (since they need previous/historic data with price changes to 'learn' the effect). We have sales-data for different items (with no price-changes till now). Business owners are thinking of changing the prices for the first time, and would like to estimate the customer reaction. (Customers are not tracked, anonymous and opportunistic).
There are no restrictions on the methods used as long as the problem can be solved or Suggestions are made. thanks
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There are two types of items. One is high price elastic and other one low price elastic and essential commodities are third group. hence change in demand will depend on this type and coefficient of relationship. In launch of new product price fixation is a major exercise done prelaunch by surveys of consumers and studying alternative products. For example price of liquor specially premium brands wont much affect demand. Same way drugs wont be affected by price change. yes but in drugs consumers can shift form branded medicines to generic medicines supplied at much lesser price. Price change will affect only discretionary and non essential purchases. If consumer can do without product elasticity will be high . Mostly in ral world economics theories don't work since there is no perfect competition and there is always price leader in that field or cartels. hence prices are increased together by all suppliers, If the inflation raises the earnings of citizens at the same time demand is hardly affected. It is complex subject and often dealt with by excerpt agencies. The sales managers keep doing trials and collect opinions and data form consumers and dealers about demand estimate at a given price band. I am using price band not price point. Since in certain range consumer wont discern . Alternative product example is airlines. You cant raise fairs significantly since people will shift to car travel by road or railroad. In fact airlines globally have been making losses as they were heavily taxed, salaries and operations cost were high but consumer wont pay more as they have alterative cheaper transport. Some allege that airlines are deliberately put in loss to subsidize rich and bureaucrat class at cost of poor tax payers by refinancing losses by governments. After all glamour costs money which passengers really don't need. In short in premium voluntary use products price change wont change demand. In others it will depending on elasticity and market liquidity
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impact of packaging as a brand marketing strategy
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Good packaging is a very important element in product marketing
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My lab is interested in buying ovariectomized rats/rabbits/guinea pigs for one of our studies. Are there any prominent companies specializing in the sale of animal models that are also able to provide ovariectomized animal models? Also, if any of you have previously worked with ovariectomized animals, have you performed the ovariectomies yourself or outsourced it to the animal model companies?
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We can provide
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I'm analyzing survey data for my thesis. My dependent variable is sales channel selection and independent variable is channel attribute such as time, ease of use, price etc. How do I analyze if there is a correlation between one of the attributes ease of use on channel selection?
Will normal linear regression work? How will it interpret the likert scale?
Or is there any other method to do so?
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It is not strictly required to recode the Likert scale values to numerical values (-2 to 2) before applying regression, but it can be useful in some cases. For example, if you want to use a linear regression model, it may be more appropriate to use numerical values rather than ordinal categories. The interpretation of the results will also be different. When using ordinal categories, the coefficients represent the change in the dependent variable associated with a one-unit change in the independent variable, whereas when using numerical values, the coefficients represent the change in the dependent variable associated with a one-unit change in the independent variable.
The table you provided shows the results of a linear regression analysis where ease of use is the independent variable and channel selection is the dependent variable. The dependent variable is modeled as a linear function of the independent variable, with an intercept and a coefficient for each level of the independent variable.
The intercept (0.37931) is the expected value of the dependent variable when all independent variables are equal to zero.
The coefficients for EaseLow priority, EaseModerate priority, EaseNeutral, and EaseSomewhat a priority represent the change in the dependent variable associated with a one-unit change in the independent variable, holding all other independent variables constant.
The t-value represents the ratio of the coefficient to its standard error. The larger the t-value, the more significant the coefficient. The p-value is used to determine the significance of the t-value. A small p-value (typically less than 0.05) indicates that the coefficient is significantly different from zero and that the independent variable has a significant effect on the dependent variable.
In this case, all independent variables have a positive coefficient and a p-value less than 0.05, which suggests that ease of use is positively associated with channel selection. Additionally, the coefficients for EaseLow priority and EaseModerate priority are larger than the others, which suggests that these levels of ease of use have a stronger positive effect on channel selection than the other levels.
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Is it okay to use air compressor to operate Pneumatic valve and vent the chamber instead of using nitrogen cylinder or generator.
And how long will it take to achieve 10-6 T as with N2 cylinder it can be achieved almost within 2-3 hours.
Thank you
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Okay, Thanks a lot Yogesh Singh for answering.
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I am a PhD student specializing in marketing, in the process of conducting a study on the factors affecting the customer’s lifetime value. I am asking for assistance in obtaining a company sales database, provided that it has various data that allow calculating the customer’s lifetime value and the influencing factors such as relationship duration, type of product, Prices, discounts...
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Customer lifetime value (CLV) is a prediction of the net profit attributed to the entire future relationship with a customer. The CLV can be affected by a variety of factors, including:
  1. Customer retention: Customers who remain loyal to a brand over time are more valuable than those who make one-time purchases. Therefore, strategies that increase customer retention can have a positive impact on CLV.
  2. Product or service offerings: Offering a wide range of products or services that meet the needs and preferences of customers can increase the likelihood of repeat purchases, which in turn can increase CLV.
  3. Brand reputation: A strong brand reputation can increase customer loyalty and trust, which can lead to repeat business and higher CLV.
  4. Customer experience: Providing customers with a positive experience can lead to increased loyalty and repeat business, which can have a positive impact on CLV.
  5. Marketing and promotional strategies: Effective marketing and promotional strategies can attract new customers and increase repeat business, which can have a positive impact on CLV.
  6. Demographics: Understanding the demographics of the target market can help tailor marketing strategies and product offerings to increase CLV.
  7. Pricing strategies: Pricing strategies that provide value to the customer while still generating profit for the company can have a positive impact on CLV.
Overall, companies can increase CLV by focusing on customer retention, offering a wide range of products and services, building a strong brand reputation, providing positive customer experiences, and implementing effective marketing and pricing strategies.
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Good day everyone,
I am Cecilia, I recently published an article PrognHathism and Skeletal Class II - Definition from Dental Council of Hong Kong, it mainly gave the definition of Prognathism which means one or both both is protruded, it can be upper (maxillary) or lower (mandibular) protrusion and discuss a paragraph for the definition given by them. The attachment is in pdf, it shows the screenshots.
I can send the video for the redirect method.
Just after the publication, someone uploaded the paper to some malicious website.
The real official one are
In researchgate and Linkedin
I have the full right and I did not authorize anyone to upload to these malicious website.
1. . If I search Prognathism, Dental Council of Hong Kong, it shows the above official website and the document but also some malicious website or redirect..
2. the malicious websites are
3. They either said that your computer is infected (may be true) or redirect to Amazon for the Samsung sales, Amazon and Samsung sales may also be the victims, we need to investigate.
I reported to the USA phishing since the publisher is in the USA. Please help to report the case and assist us. Anyone can be a victim if we do not stop it as soon as possible, anyone can upload any information to malicious website by the similar method.
Thank you very much.
Cecilia
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I attach the video related to the redirect motion.
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In one of our compressor ( LP casing), NDE side dry gas seal is suddenly showing zero pressure and flow from primary vent side (which is normally 0.3 kg/cm2 & 8.5 Nm3/Hr) and secondary seal gas N2 supply pressure is increased to 3.71 kg/cm2( same as header pressure) from normal 0.5 kg/cm2 and flow meter is showing no flow condition. When we opened primary vent line at 1st flange of casing, it is showing slight primary vent flow which is not measeured by PI.
There is no HC presence in seconday vent also.
Didi anyone faced similar problem? What are the possible causes and remedial measures ?
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Unless schematic flow diagram with valves and instruments is available definite comments cant be made .You can send me to :cityju@rediffmail.com
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I would like to estimate a model in STATA, in which I have a variable called Export Intensity (Exports/Total Sales). As the measurement units are different, I prefer to use natural log of all the variables. Export intensity is in ratio (Decimal numbers) format, taking its ln gives negative numbers. Does it create problem if I use it in the estimation?
To avoid the problem of giving negative numbers, I can multiply the whole series with any multiple number (x100, x1000...), and then take ln, which will then give me positive numbers. Is it a right way to do so and use this new series in the estimation of the models? Thank you.
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There is no problem because the variable you use (log of exports/sales ratio) has negative values.
The underlying relation that you are going to estimate export/sales = exp(Xb) holds equally
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Hello everyone. Please I need a dataset for a project. It's about predicting sales volume and revenue for a retail business. Please I will be grateful if anyone can share a dataset on this.
Thank you
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Can you exactly mention what kind of data you are looking for?
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Am looking for an email datasets from B2B sales. Is any data sources available?
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Shafagat Mahmudova ,
Fredrick Ishengoma
what am looking for mail conversations among B2B sales, not as a email list . Thanks for this
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Hi!
I'm currently working on a Data Science project for optimizing the prices of the products one of the biggest supermarket chains in Mexico.
One of the things that we are working on, is finding the price elasticity of demand of such products. What we usually do, is that, apart from fitting an XGBoost model for predicting sales, we fit a linear regression, and we get the elasticity from the coefficient corresponding to the price (the slope).
However, it is abvious that linear regression is sometimes a poor fit for the data, not to mention that the execution times are way longer since it requires to run separately XGBoost and LR (which is not good considering that there are thousands of products to model).
Because of this, it ocurred to me that we could use numerical differentiation for finding the price elasticity. At last, calculating a numerical derivative is way faster than fitting another model.
However, I'm not sure if this is mathematically correct, since the data does not come from a function.
So the question would be, is this mathematically correct? Does it make sense?
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From my experience, I would not use a linear predictor for elasticity. I know your question is asking about mathematically correct solutions but I don't think that's your issue. I would probably use logistic regression as a first choice.
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Hi!
I was trying to perform an assay, and I thought it could be interesting to have some type of vessel such as an Eppendorf of 1.5 mL with a ventilated cover but I can't find it to buy.
Thank you very much,
Ismael
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Hi Ismael,
just don't screw the cap on tightly
good luck
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Hi,
I wish to conduct analysis using secondary data using SMART PLS 3.0. How do we do this ? Request for some sample papers using this method.
Regards
Avinash
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Hi,
We would really appriciate some help building regression model(s) using a paneldata set. The dataset consists of data from retailstores over two years. Our research question are as follows: How does different payment methods affect retailstores unregistered shrinkage?
As a result we want to see which payment method that gives the highest increase in shrinkage, and compare the payment methods.
We have tried to use these following models, but the results does not make sense. y = x1 + x2 + x3 + u
  1. Shrinkage = sale self-service checkout + revenue + region + u
  2. Shrinkage = sale ShopExpress + revenue + region + u
  3. Shrinkage = sale served checkout + revenue + region + u
We want to control for the stores size and region, which is why these variables are included. Also all stores in the dataset have served checkouts, and some have self-service and ShopExpress (Scan and go). We are therefore not able to use dummys for the payment methods?
We have also tried with this model, but also gets weird results:
4. Shrinkage = dummy served checkout + dummy self-service + dummy ShopExpress + revenue + region
  • Is there a better way to create the regression models? Is it possible to gather them into one model?
  • Do you have suggestions for other control variables that we should include?
  • To be able to run the random effect model, we had to transform the variables into natural logaritm form. Does it make sense to use ln?
Thank you!
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See the attached reference. Best wishes David Booth
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Hi, Could you please suggest a book or genuine paper for understanding marketing /sales funnel in Digital Marketing?
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You can refer inderscience journals related to marketing domain
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examine the rule of caveat emptor to sale of immovable property.
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A transfer of clear title in favour of the buyer of an immovable property also requires that the buyer should be a bonafide purchaser. That is he took all the diligence available to ascertain that the immovable property in question has a clear title vested in the vendor. Thus, the caveat emptor also determines the bonafide of the buyer and saves his legal rights and financial interests against others including the vendor or the third party.
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all interval/ratio data
DV are
Temperature
Distribution
Price
IV is
Sales Volume
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Dear Jevohna England,
The relationship between the IV and DV should be termed as "the effect of a variable (IV) on the other variable (DV)". In this context, your IVs are Temperature, Distribution and Price and the DV is Sales Volume. Accordingly, the relationship between the IVs and DV can be termed as "The Effect of Temperature, Distribution and Price (IVs) on the Sales Volume (DV)" as indicated above by Piyush Sharma.
Hence, you have to initially (first) run the correlation analysis to confirm the significant relationship between the variables. If the correlation between an IV and DV can confirm the effects of IV on DV and between IVs can confirm the existence of a level of multicollinearity. Once you confirmed all these, then it is appropriate to run the Multivariate Regression as indicated above by Marcelo Linardi.
Hope this will help you. If you have a question, feel free to communicate.
Good luck with your progress.
Regards,
S. Senthilnathan.
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More and more companies merge, creating larger groups. In the process, there is a search for focus - with the consequent sale of companies active in areas not seen as essential. At the same time, new businesses, startups, are responsible for great amount of the innovation. Many startups attract resources from large groups, which funds their growth and enables the innovative process. The question at stake is whether mergers and acquisitions are positive to the economy.
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Do you discount if a consumer ask for a discount? And if so by how much? And is there a difference between customers in terms of the discount strategy?
When you answer, please support your answer by scientific papers so I can read more on the topic.
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My objective is to analyze the impact of inflow of FDI on innovation. I have data on industry level FDI and innovation. However, other control variables are firm specific(like debt to equity ratio, net export, marketing expenditure, total income/total sales). My question is, can I run a panel based on such firm specific and industry specific information?
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Yes, you can add both firm-specific and industry-specific variables and regress them together. However, in terms of explanation, you need to be very specific. It is suggested that you create different panels of your results and then proceed with the explanation.
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Dear research community members,
If anyone especially those who reside in Thailand knows a sales representative for RPA TwistAmp® basic (TwistDx, UK), please kindly let me know. I will be very appreciative.
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Asalamulikum,
Researchers I need your help to fined out an instrument of workplace Venting. If any one have a source paper or scale . Plz kindly send me .
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What's this
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Hi all,
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Dear David, I surely read your answer, but maybe I was not clear. I was supporting your statement that count variables are typically not suitable for OLS regression and hence not for PROCESS. And my second part referrered to that even if the dependent variables were unbounded, metric etc, i.e. ok for OLS regression, PROCESS would not be able to handle the (structural) model that the OP was asking for. PROCESS cannot handle several IVs and several DVs. It is only possible to specify one IV, one DV, two moderators, several mediators and covariables. If you meant this, I think this was not clear and your attachment do not directly refer to this topic.
Best, Rainer
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I am looking for total assets/ total sales data of parent multinational companies .
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Bloomberg's
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I noticed on the Internet and even on RG that many researchers escape the answer of this question, where they say it is not good or bad, but it is low and high. For low SDs, we know that the variance is small and the values are close to the mean, but for large ones, we see data dispersed around the mean.
Still, the question is how large and how low...? Still I did not get am answer?
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I guess we teach our students to check both (Mean and SD) as we can have the same mean with different SDs. Which means that the SD calculations are not integrated into the Chi Square value, but can have both... I guess
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I am looking for a total number of patents (with International Patent Classification) invented by Chinese listed companies in English and some financial information such as sales, R&D investment, leverage ratio, ROE, and so on from 2000-2020.
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I think there are two key articles to analyze and identify the best Chinese public companies. I share them with you. Kind regards.
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Having difficulty sourcing any companies that make them for commercial sale - can anyone help?
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Try the Avansce Synchronicity. It works with an app and gives 'scores' for rider or coaching use, but you can also extract the raw data for research purposes, and it records at 100Hz.
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The Federal Inland Revenue Service (FIRS), in a letter dated 10 August 2021, addressed to the Association of Bureau De Change, confirmed that Bureau De Change (BDC) operators are not liable to charge Value Added Tax (VAT) on the sale of Foreign Exchange (Forex) with effect from 1, January 2021.
In Nigeria, BDC operators are regulated by the Central Bank of Nigeria (CBN), who determines Forex buying and selling rates. However, the income earned by BDC operators have continued to come under pressure due to the statutory commission paid to the CBN and the imposition of VAT by the FIRS, who argues that the income earned by the BDC operators are liable to VAT.   Given this challenge, BDC operators and stakeholders had engaged the government to obtain VAT exemption for their operations.
Please this is open for discussion
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Interesting points.
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I am doing research on sales techniques, I have been working with techniques such as consultative selling method, scientific selling, SPIN method, the challenging salesperson, SDR model, Sandler Selling System, SNAP selling, FAB technique and BYAF technique.
The applicability of these techniques will depend on the type of client (consumer or corporate client), as well as the type of vendor (account representative, visitor, technical vendor, group vendor, telephone vendor, e-commerce vendor, network vendor, among others).