In general, the coordination of economic interests between participants in a complex process of production, distribution and consumption is most effectively carried out with the help of a market mechanism that acts as a regulator of interrelations between economic entities. In the main version of the market, in conditions of free competition, the producer and […]
Tag: Beginning
Chemical complex
The Republic of Belarus has a powerful chemical complex, which has been created for many years. Since 1965, Belarus has been called the republic of big chemistry. The development of the chemical complex was facilitated by a number of conditions: the presence of rich deposits of potassium salt, oil fields, gas and oil pipelines passing […]
Balance method in planning
The traditional and most common planning method in economics is the balance method, implemented through a system of balance sheets. A balance sheet is a table that compares the availability of resources and their sources with the directions and volumes of use. Balance sheets in the economy perform various functions, are developed for various purposes […]
Estimating the parameters of the regression equation
To use the regression equation to predict, you have to calculate the coefficients and regression equations. And there is another problem that affects the accuracy of the prediction. It is that there are usually no all possible values of the variables X and Y, that is, the general set of the joint distribution in the […]