Explain the rationale behind your empirical tests and the methodology adopted. This part must be concise and precise

plots and pictures but not the reference list), word-processed and should be of a professional format suitable for the audience. You should also attach all relevant tables with summaries of results in the main report. In the report you should:

Explain the rationale behind your empirical tests and the methodology adopted. This part must be concise and precise. No marks will be given for clutter.

You must use the appropriate scientific rhetoric. Therefore, you should define clearly your null and alternative hypotheses tested in each stage of the analysis.

Provide a clear definition of the techniques/econometric tests used and WHY they are used.

Be precise in the underlying theory and relate this to your results and discussion

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