Use the Following Dataset to Answer the Following Question -What Is the Unit of Observation?
A) Panel
B) State

question 5

Multiple Choice

Use the following dataset to answer the following question. $$\begin{array} { | l | c | c | c | c | } \hline { \text { State } } & \text { Year } & \text { Sales Tux } & \text { Salesper Stare } & \begin{array} { c } \text { Ermplayees per } \\\text { Stare }\end{array} \\\hline \text { Indiaraa } & 2014 & 7.25 & \$ 650,000 & 50 \\\hline \text { Illinois } & 2014 & 7.75 & \$ 625,000 & 65 \\\hline \text { Indiara } & 2015 & 8.00 & \$ 800,050 & 75 \\\hline \text { Illinois } & 2015 & 8.75 & \$ 525,000 & 55 \\\hline\end{array}$$
-What is the unit of observation?

• A) Panel
• B) State
• C) Sales-employee per store
• D) State-year

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Definitions:

Business Alliances

Strategic partnerships between businesses to leverage resources, knowledge, and market position.

Operating Needs

Essential requirements that must be met for an organization or system to function effectively and achieve its objectives.

Strategic Alliance

A partnership between businesses in which they collaborate to achieve mutually beneficial goals without losing their independence.

Cooperation Agreement

A formal agreement between two or more parties to work together on a project or towards a common goal, outlining the terms of collaboration and shared responsibilities.