A researcher conducts a time series analysis of macroeconomic conditions in Indonesia. The researcher used quarterly data from 1970-2018 and then found results that contradicted the theory Macro economics.
a. The researcher then plans to conduct experiments in the laboratory to calibrate the results of the time series analysis earlier. The researcher believed that the experiments in the laboratory could calibrate the results of the time series analysis he had previously done. Discuss!!
b. This researcher also thought of conducting an exploratory study using qualitative methods. The researcher believes that qualitative methods can be used to calibrate the validity of the results of the time series analysis. Discuss!!