Discuss any other factors (including substitutes, complementary goods or other factors affecting demand and supply) that have impacted the TOBACCO price.

The presentation has to be How world commodity prices (for a chosen commodity – Tobacco)are changing and what, if any, the connection is with the change in world oil prices. Each slide should be accompanied by notes that explain what the slides show. The report should not exceed 2500 WORDS. We have to follow the data from the excel sheet – CMO- Historical Data Annual (you have already this file).

 

  1. Relevant data for the ten years – discuss how the price for this commodity has changed in the past ten years – from excel sheet CMO- Historical Data Annual (you already have this file). (one slide for the table/statistical representation and another drop for discussion note)

 

  1. The link between the commodity prices and oil prices – With statistical representation, discuss the changes in world oil prices for the past tenyears – (2010-2020) and how it relates to the commodity you have chosen. (one slide for the table/statistical representation and another drop for discussion note. Do same for all) from excel sheet CMO- Historical Data Annual (you have already this file).

 

  1. Any other factors that have impacted tobacco prices.  – Discuss if the changes in the price of the commodity chosen are related to changes in the price of oil, using a correlation or simple regression analysis to show the relationship between the price of the commodity and oil price.- EXCEL REGRESSION AN EXCEL CORRELATION ANALYSIS from excel sheet CMO- Historical Data Annual (you have already this file)(Discuss the statistical significance of the relationship).

 

4 . Demand and supply analysis – from excel sheet CMO- Historical Data Annual (you have already this file). –

Discuss any other factors (including substitutes, complementary goods or other factors affecting demand and supply) that have impacted the TOBACCO price. Using Diagram, show how substitutes and compliments commodities/products have affected the price of your chosen commodity.

  1. Elasticity of demand and supply –

Apply the concept of Demand and supply analysis to your discussion using diagrams. Apply the concept of Elasticity of demand and supply using a diagram. –  CMO- Historical Data Annu

  1. Substitutes and compliments