Quantitative research consists of testing and understanding relationships between variables. Researchers construct these variables as measureable expressions of social phenomena. Modern statistics provides you with a host of resources to answer questions, but each statistical test has a set of assumptions regarding the measurement of the variables. It is therefore important to understand how variables are measured because their measurement will influence the type of analytic tools available to you. SPSS is a statistical software program that allows you to enter these variables into a spreadsheet format and record the measurements from a sample. Additionally, SPSS allows you to perform statistical analysis. Before launching into your analyses, though, it is important to understand how the variables are measured. That understanding will help you interpret the SPSS output. In this week’s Discussion, you considered topics with social change implications. For this Assignment, you will examine data to analyze independent and dependent variables, determine how they are measured, and decipher whether a social change question can be answered and the implications for such change. To prepare for this Assignment: Review the Learning Resources as well as the SPSS resources found in this week’s Learning Resources.Review, download, and install the SPSS software on your computer using the IBM SPSS Installation and Registration document for PC or for MAC in this week’s Learning Resources.Using the SPSS software, open the Afrobarometer dataset or the High School Longitudinal Study dataset (whichever you choose) found in this week’s Learning Resources and then choose two variables that interest you. For this Assignment: Write a 1- to 2-page summary and include the following: Early in your Assignment, when you relate which dataset you analyzed, please include the mean of the following variables. If you are using the Afrobarometer Dataset, report the mean of Q1 (Age). If you are using the HS Long Survey Dataset, report the mean of X1SES.A description of what the each of the variables measure.A description of the unit of analysis.A description and explanation of the levels of measurement for each variable (i.e., nominal, ordinal, interval, ratio).Explain how you might conceive these variables to be used to answer a social change question. What might be the implications for social change? Support your summary using appropriate scholarly citations and references. Use proper APA format.Frankfort-Nachmias, C., Leon-Guerrero, A., & Davis, G. (2020). Social statistics for a diverse society (9th ed.). Thousand Oaks, CA: Sage Publications. Chapter 1, “The What and the Why of Statistics” (pp. 1–25)Wagner, III, W. E. (2020). Using IBM® SPSS® statistics for research methods and social science statistics (7th ed.). Thousand Oaks, CA: Sage Publications. Chapter 1, “Overview”Dietz, T., & Kalof, L. (2009). Introduction to social statistics: The logic of statistical reasoning. West Sussex, United Kingdom: Wiley-Blackwell.Introduction to Social Statistics: The Logic of Statistical Reasoning, 1st Edition by Dietz, T.; Kalof, L. Copyright 2009 by John Wiley & Sons - Books. Reprinted by permission of John Wiley & Sons - Books via the Copyright Clearance Center. Chapter 1, “An Introduction to Quantitative Analysis” (pp. 1–31) Dietz, T., & Kalof, L. (2009). Introduction to social statistics: The logic of statistical reasoning. West Sussex, United Kingdom: Wiley-Blackwell.Introduction to Social Statistics: The Logic of Statistical Reasoning, 1st Edition by Dietz, T.; Kalof, L. Copyright 2009 by John Wiley & Sons - Books. Reprinted by permission of John Wiley & Sons - Books via the Copyright Clearance Center. Chapter 2, “Some Basic Concepts” (pp. 33–63)Introduction to Social Statistics: The Logic of Statistical Reasoning, 1st Edition by Dietz, T.; Kalof, L. Copyright 2009 by John Wiley & Sons - Books. Reprinted by permission of John Wiley & Sons - Books via the Copyright Clearance Center.Walden University Library. (n.d.). Course Guide and Assignment Help for RSCH 8210. Retrieved from http://academicguides.waldenu.edu/rsch8210For help with this week’s research, see this Course Guide and related weekly assignment resources.

a. Calculate the future value of $1,000, given that it will be held in the bank for 6 years and earn an annual interest rate of 6 percent.b. Recalculate part (a) using a compounding period that is (1) semiannual and (2) bimonthly.c. Recalculate parts (a) and (b) using an annual interest rate of 12 percent.d. Recalculate part (a) using a time horizon of 12 years at an annual interest rate of 6 percent.e. What conclusions can you draw when you compare the answers in parts (c) and (d) with the answers in parts(a) and (b)?Question 2: If you deposit $3,900 today into an account earning an annual rate of return of 7 percent, what would your account be worth in 25 years (assuming no further deposits)? in 30 yearsQuestion 3: Sarah Wiggum would like to make a single investment and have $2.1 million at the time of her retirement in 34 years. She found a mutual fund that will earn her 5% annually. How much will Sarah have to invest today? If Sarah earned an annual return of 18%, how soon could she then retire?If Sarah can earn 5 % annually for the next 34 years, the amount of money she will save to invest today is $_________ (round to the nearest cent)Question 4: How many years will it take for $500 to grow to $1,076.58 if its invested at 6% compounded annually?Question 5: Ronen Consulting has just realized an accounting error that had resulted in an unfunded liability of $375,000 due in 28 years. In other words, they will need $375,000 in 28 years. Toni Flanders, the company's CEO, is scrambling to discount the liability to the present to assist in valuing the firm's stock. If the appropriate discount rate is 9%, what is the present value of the liability? If the appropriate discount rate if 9%, the present value of $375,000 liability due in 28 years is $__________ (round to the nearest cent)Question 6: Lance Murdock purchased a wooden statue of a Conquistador for $7,900 to put in his home office 7 years ago. Lance has recently married, and his home office is being converted into a sewing room. His new wife, who has far better taste than Lance, thinks the Conquistador is hideous and must go immediately. Lance decided to sell it on E-Bay an only received $4,800 for it, and so he took a loss of the investment. What was his rate of return, that is, the value of i?What was Lance Murdock's rate of return, that is, the value of i? Enter a negative percentage for a loss ______% (round to two decimal places)Question 7: You are offered $90,000 today or $320,000 in 15 years. Assuming that you can earn 13% on your money, which should you chose?If you are offered $320,000 in 15 years and you can earn 13% on your money, what is the present value of $320,000 $_______________ (round to the nearest cent)Question 8: Your grandmother asks for your help in choosing a certificate of deposit (CD) from a bank with a one-year maturity and a fixed interest rate. The first certificate of deposit, CD #1, pays 2.45% APR compounded quarterly, while the second certificate of deposit, CD #2, pays 2.50% APR compound daily. What is the effective annual rate (the EAR) of each CD, and which CD do you recommend to your grandmother?If the first certificate of deposit, CD #1 pays 2.45% APR compounded quarterly, the EAR for the deposit is __________% (round to two decimal places)

Thinking of the many variables tracked by hospitals and doctors' offices, confidence intervals could be created for population parameters calculated from many of them. What variable and parameter might be most helpful in your work to be able to create an interval that captures the true value of the parameter of patients with 95% confidence?300 wors. 2 references.