Ask Applied Statistics Expert

Discussion 1: "Confidence Intervals"

(Note: Please respond to one of the following two bulleted items)

• The vast majority of the world uses a 95% confidence in building confidence intervals. Give your opinion on why 95% confidence is so commonplace. Justify your response.

• Construct a hypothetical 95% confidence interval for a hypothetical case of your choosing. Use your own unique choice of mean, standard deviation, and sample size to calculate the confidence interval. Select one option provided below and analyze what will happen to your confidence interval based on the option you selected:

o The confidence changes to 90%.
o The confidence changes to 99%.
o The sample size is cut in half.
o The sample size is doubled.
o The sample size is tripled.

Provide a rationale for your response

Discussion 2: "You Can't Prove the Null by Not Rejecting It"

(Note: Please respond to one of the following two bulleted items)

• Debate if "failing to reject the null" is the same as "accepting the null." Support your position with examples of acceptance or rejection of the null. Next, give your opinion on whether or not a failed t test "proves" the null hypothesis.

• Take a position on this statement: In setting up a hypothesis test, the claim should always be written in the alternative hypothesis. Provide one example to support your position.

Discussion 3: "Correlation and Regression"

(Note: Please respond to one of the following two bulleted items):

• Debate the following statement: "Correlation means Causation." Determine whether this statement is true or false, and provide reasoning for your determination, using the Possible Relationships Between Variables table from your textbook.

• Biddle and Hamermesh (1990) built a multiple regression model to study the tradeoff between time spent in sleeping and working and to look at other factors affecting sleep:

Sleep = β0 + β1 totwrk + β2 educ + β3 age + ε

where sleep and totwrk (total work) are measured in minutes per week and educ and age are measured in years. Suppose the following equation is estimated:

Sleep = 3500 - 0.15 totwrk - 11.20 educ + 2.29 age + ε

o Discuss what would happen to someone's sleep if they choose to work more.

o Analyze whether the factors of totwrk, educ, and age are enough factors to explain the variation in sleep. Explain which additional factors should be explored in order to explain the variation in sleep. Provide your reasoning.

Applied Statistics, Statistics

  • Category:- Applied Statistics
  • Reference No.:- M92308535
  • Price:- $35

Priced at Now at $35, Verified Solution

Have any Question?


Related Questions in Applied Statistics

Question onea a factory manager claims that workers at

QUESTION ONE (a) A factory manager claims that workers at plant A are faster than those at plant B. To test the claim, a random sample of times (in minutes) taken to complete a given task was taken from each of the plant ...

You are expected to work in groups and write a research

You are expected to work in groups and write a research report. When you work on your report, you need to use the dataset, and other sources such as journal articles. If you use website material, please pay attention to ...

Assignment -for each of the prompts below report the

Assignment - For each of the prompts below, report the appropriate degrees of freedom, t statistic, p-value and plot using the statistical software platform of your choice (R/STATA) 1) A sample of 12 men and 14 women hav ...

Assignment - research topicpurpose the purpose of this task

Assignment - Research topic Purpose: The purpose of this task is to ensure you are progressing satisfactorily with your research project, and that you have clean, useable data to analyse for your final project report. Ta ...

Assessment task -you become interested in the non-skeletal

Assessment Task - You become interested in the non-skeletal effects of vitamin D and review the literature. On the basis of your reading you find that there is some evidence to suggest that vitamin D deficiency is linked ...

Part a -question 1 - an analyst considers to test the order

PART A - Question 1 - An analyst considers to test the order of integration of some time series data. She decides to use the DF test. She estimates a regression of the form Δy t = μ + ψy t-1 + u t and obtains the estimat ...

Medical and applied physiology experimental report

Medical and Applied Physiology Experimental Report Assignment - Title - Compare the working and spatial memory by EEG. 30 students were tested (2 memory games were played to test their memory - a card game and a number g ...

Business data analysis computer assignment -part 1

Business Data Analysis Computer Assignment - PART 1 - Economists believe that high rates of unemployment are linked to decreased life satisfaction ratings. To investigate this relationship, a researcher plans to survey a ...

Question - go to the website national quality forum nqf

Question - Go to the website, National Quality Forum (NQF), located in the Webliography, and download the article by WIRED FOR QUALITY: The Intersection of Health IT and Healthcare Quality, Number 8, MARCH 2008. You are ...

Go to the webliography source for the national cancer

Go to the Webliography source for the National Cancer Institute's Surveillance, Epidemiology, and End Results (SEER) Program. In the Fast Stats, create your own cancer statistical report, "Stratified by Data Type," and u ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As