Mat540 wk6 final

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Business Finance

Description

In this six- to eight-page research paper, you will explore in detail one of the statistical approaches to research discussed in the course, applying it in the context of a specific application or methodological study. This will help you gain a deeper understanding of your chosen topic as well as gain experience in translating these ideas into practice. Select a topic for your research paper using any of the statistical methods that we discussed in the course as it relates to your area of interest in either business, economics, finance, management, social science, health, psychology, or education.

Find at least three relevant research articles which:

  • Support your chosen topic.
  • Discuss previous work on modeling/analysis in the area you’ve selected.
  • Have the statistical analysis and results from research conducted.
  • Cover technical aspects of the statistical methods discussed in class.

These can be found in the Ashford University Library by going to a research database such as JSTOR or ProQuest and searching for your topic. At least three of your sources must be from peer-reviewed scholarly journals.

Your paper must include the following:

  • Introductory Paragraph: Identify the purpose of the paper, the common research issue, and the corresponding statistical test in your opening paragraph.
  • Context Development: Discuss the three articles used, the focus of the articles, the research questions and hypotheses, and how the statistical technique helps answer the research question in the studies.
  • Statistical Tool Discussion: Discuss the role of statistics in research and the common statistical test uses, limitations, and interpretation.
  • Conclusion: Summarize the elements of the chosen statistical test and the kinds of research questions the statistical test can help answer in your conclusion.
  • Resources: Provide a reference page listing all sources used in the development of this paper in American Psychology Association (APA) format. All literature/computer/interview/resources should be cited and listed.

The Final Paper:

  • Must be six to eight double-spaced pages in length, excluding the title and reference pages, and formatted according to APA style as outlined in the Ashford Writing Center.
  • Must include a title page with the following:
    • Title of paper
    • Student’s name
    • Course name and number
    • Instructor’s name
    • Date submitted
  • Must address the topic of the paper with critical thought.
  • Must use at least three scholarly sources from the Ashford Online Library, in addition to the text.
  • Must document all sources in APA style as outlined in the Ashford Writing Center.
  • Must include a separate reference page, formatted according to APA style as outlined in the Ashford Writing Center

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Explanation & Answer

Will post it for you thank you.
Here is the paper that I posted

Running Head: STATISTICAL APPROACH

1

Statistical Approach
Name
Professor Name
Unit
Date

STATISTICAL APPROACH

2

Probability
Introduction
Probability is considered as the statistical concept that predicts the likelihood of an
occurrence or something taking place. A classical probability is the measured statistical concept
that focuses on the likelihood of a happening. In its classic sense, it as well means that its
statistical experiment will poses elements that as well happen (Daston, 1995).
A classical probability typical example is the fair dice roll, because it is equally probable
to land on any of the six sides. A coin toss is the other classical probability example, because a
toss has equal probability that will yield either a head or tail result.
The statistical inference usually rests on the probability theory, which makes probability
theory basics necessary for its in-depth understanding, in the process of acquiring mathematical
statistics conceptual foundation.
Statistics and probability is usually divorced in the first courses of social scientists
statistics, as early to its emphasis in place for its modeling statistical basics such as the linear
regression, which best works with the grounding absence of the probability theory models and
the actual probability distributions.
This topic reviews the build statistical and the basic concepts modeling from the
probability theory and the statistics classical approach based on social science research (Lynch,
2007).

STATISTICAL APPROACH

3

Context Development
It is a difficult challenge defining probability, because it has several approaches that can
be to do so. One of the approaches used towards probability concern definition, is on their own
long frequency of events, and perhaps the infinite series of trials. Kolmogorov defines classical
probability as the probability measure. Von Mises, on the other hand defines probability as the
relative frequency limit (Evans et al, 2017).
Von Mises theory has its...


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