Enable contrast version

Tutor profile: James M.

James M.
Marketing Campaign Coordinator specializing in statistics, economics, and math.

Questions

Subject: Marketing

TutorMe
Question:

What is a marketing mix?

James M.
Answer:

A marketing mix is a combination of the 4 P's- product, price, place, and promotion, that the firm uses to produce a response from the target market. Product could include packaging, design, variety. Price could include discounts, allowances, payment terms. Promotion could include advertising and promotions. Place could include logistics, location, channels.

Subject: Economics

TutorMe
Question:

Because Country A does not have domestic sources of wood, it imports all of its wood from d-countries that produce wood. If wood were to increase in price in those wood producing countries, what is likely to happen in Country A?

James M.
Answer:

Due to country A relying on wood imports, the prices of homes in Country A will likely increase as the cost of acquiring wood becomes more expensive.

Subject: Statistics

TutorMe
Question:

What are the appropriate hypothesis test steps to use when performing a Breusch-Pagan test?

James M.
Answer:

H0: The errors are homoskedastic H1: The errors are heteroskedastic. Identify the alpha, in this case we will use 0.05. Next, you must accept or reject the null hypothesis utilizing the appropriate p value. The last step is to form a conclusion whether there is or is not significant evidence of your errors being homoskedastic (not rejecting the null), or being heteroskedastic (rejecting the null).

FAQs

What is a lesson?
A lesson is virtual lesson space on our platform where you and a tutor can communicate. You'll have the option to communicate using video/audio as well as text chat. You can also upload documents, edit papers in real time and use our cutting-edge virtual whiteboard.
How do I begin a lesson?
If the tutor is currently online, you can click the "Start Lesson" button above. If they are offline, you can always send them a message to schedule a lesson.
Who are TutorMe tutors?
Many of our tutors are current college students or recent graduates of top-tier universities like MIT, Harvard and USC. TutorMe has thousands of top-quality tutors available to work with you.
BEST IN CLASS SINCE 2015
TutorMe homepage
Made in California by GoGuardian
Copyright © 2022. Zorro Holdco, LLC doing business as TutorMe.
All Rights Reserved.
High Contrast Mode
On
Off