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Psyc4700week 6 Statistics
Complete the following problems within the Word document. (Do not submit other files.) Show your work for problem sets tha ...
Psyc4700week 6 Statistics
Complete the following problems within the Word document. (Do not submit other files.) Show your work for problem sets that require calculations. ...
Week 4 Discussion: Probability
Probability plays a major role in the medical community. Diagnoses are based on probabilities. They are really questions o ...
Week 4 Discussion: Probability
Probability plays a major role in the medical community. Diagnoses are based on probabilities. They are really questions or "what if's", and are answered by the probability that the treatment will be the best for the ailment.
Let's look at probability in terms of both the real world and the medical community.
Survey 30 people to find out if they are left-handed or right-handed, and use the following chart to create a contingency table with the information.
Left handed Right handed Total Female Male Total
Answer the following questions about the information in your contingency table:
If a person is randomly selected from the survey participants, what is the probability that the person will be left-handed?
If you randomly choose a female from the people you surveyed, what is the probability that she is left-handed?
What is the odds ratio of choosing a left-handed female?
What is the relative risk of choosing a left-handed female?
Example
Green
Blue
Total
Cats
40 (A)
20 (B)
60 (A+B)
Dogs
30 (C)
40 (D)
70 (C+D)
Total
70 (A+C)
60 (B+D)
130 (A+B+C+D)
Probability of Green - (A+C)/(A+B+C+D): 70/130 = 54%
Probability of Green Cat - A/(A+B): 40/60 = 67%
Odds Ratio of Green Cat - (A/B)/(C/D) or AD/BC: (40*40)/(20*30) = 1600/600 = 2.67%
Relative Risk of Green Cat - [A/(A+C)]/[B/(B+D)]: (40/70)/(20/60) = 17.14%
Skim through at least one of the following articles on left-handed vs. right-handed people from the Chamberlain Library. Answer the following question: How do the probabilities and percentages for your study compare to those in the study you read?
Testing for Bivariate Categorical Analysis, statistics assignment help
Assignment: Testing for Bivariate Categorical AnalysisYou have had plenty of practice with data analysis in the Discussion ...
Testing for Bivariate Categorical Analysis, statistics assignment help
Assignment: Testing for Bivariate Categorical AnalysisYou have had plenty of practice with data analysis in the Discussions and hopefully you have received helpful and encouraging feedback from your colleagues. Now, for the last time in the course, it is time once again to put all of that good practice to use and answer a social research question using categorical statistical tools. As you begin the Assignment, be sure and pay close attention to the assumptions of the test. Specifically, make sure the variables are categorical level variables.For this Assignment, you will consider three different scenarios. Each of these scenarios include a research question. You will examine each scenario, choose a categorical data analysis and run a sample test.To prepare for this Assignment:Review Chapters 10 and 11 of the Frankfort-Nachmias & Leon-Guerrero course text and the media program found in this week’s Learning Resources related to bivariate categorical tests.Using the SPSS software, open the Afrobarometer dataset found in this week’s Learning Resources.Next, review the Chi Square Scenarios found in this week’s Learning Resources and consider each research scenario for this Assignment.Based on the dataset you chose and for each research scenario provided, using the SPSS software, choose a categorical data analysis and run a sample test.Once you perform your categorical data analysis, review Chapter 11 of the Wagner text to understand how to copy and paste your output into your Word document.For this Assignment:Write a 1- to 2-paragraph analysis of your categorical data results for each research scenario. In your analysis, display the data for the output. Based on your results, provide an explanation of what the implications of social change might be.Use proper APA format, citations, and referencing for your analysis, research question, and display of output.
5 pages
Statistics
There are 51 jurisdictions in the list. Thus, to draw a jurisdiction using random number, we need random number consisting ...
Statistics
There are 51 jurisdictions in the list. Thus, to draw a jurisdiction using random number, we need random number consisting of 2 digits. So, we need ...
4 pages
Linear programming
Blair & Rosen, Inc. (B&R) is a brokerage firm that specializes in investment portfolios designed to meet the specific risk ...
Linear programming
Blair & Rosen, Inc. (B&R) is a brokerage firm that specializes in investment portfolios designed to meet the specific risk tolerances of its clients. A client who contacted B&R this past week has a maximum of $50,000 to invest. B&R’s investment advisor decides to recommend a portfolio consisting of two investment funds: an Internet fund and a Blue Chip fund. The Internet fund has a projected annual return of 12 percent, and the Blue Chip fund has a projected annual return of 9 percent. The investment adviser requires that at most $35,000 of the client’s funds should be invested in the Internet fund. B&R services include a risk rating for each investment alternative. The Internet fund, which is the more risky of the two investment alternatives, has a risk rating of 6 per $1,000 invested. The Blue Chip fund has a risk rating of 4 per $1,000 invested.
a. Formulate a linear programming model to find the best investment strategy for this client.
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Most Popular Content
7 pages
Psyc4700week 6 Statistics
Complete the following problems within the Word document. (Do not submit other files.) Show your work for problem sets tha ...
Psyc4700week 6 Statistics
Complete the following problems within the Word document. (Do not submit other files.) Show your work for problem sets that require calculations. ...
Week 4 Discussion: Probability
Probability plays a major role in the medical community. Diagnoses are based on probabilities. They are really questions o ...
Week 4 Discussion: Probability
Probability plays a major role in the medical community. Diagnoses are based on probabilities. They are really questions or "what if's", and are answered by the probability that the treatment will be the best for the ailment.
Let's look at probability in terms of both the real world and the medical community.
Survey 30 people to find out if they are left-handed or right-handed, and use the following chart to create a contingency table with the information.
Left handed Right handed Total Female Male Total
Answer the following questions about the information in your contingency table:
If a person is randomly selected from the survey participants, what is the probability that the person will be left-handed?
If you randomly choose a female from the people you surveyed, what is the probability that she is left-handed?
What is the odds ratio of choosing a left-handed female?
What is the relative risk of choosing a left-handed female?
Example
Green
Blue
Total
Cats
40 (A)
20 (B)
60 (A+B)
Dogs
30 (C)
40 (D)
70 (C+D)
Total
70 (A+C)
60 (B+D)
130 (A+B+C+D)
Probability of Green - (A+C)/(A+B+C+D): 70/130 = 54%
Probability of Green Cat - A/(A+B): 40/60 = 67%
Odds Ratio of Green Cat - (A/B)/(C/D) or AD/BC: (40*40)/(20*30) = 1600/600 = 2.67%
Relative Risk of Green Cat - [A/(A+C)]/[B/(B+D)]: (40/70)/(20/60) = 17.14%
Skim through at least one of the following articles on left-handed vs. right-handed people from the Chamberlain Library. Answer the following question: How do the probabilities and percentages for your study compare to those in the study you read?
Testing for Bivariate Categorical Analysis, statistics assignment help
Assignment: Testing for Bivariate Categorical AnalysisYou have had plenty of practice with data analysis in the Discussion ...
Testing for Bivariate Categorical Analysis, statistics assignment help
Assignment: Testing for Bivariate Categorical AnalysisYou have had plenty of practice with data analysis in the Discussions and hopefully you have received helpful and encouraging feedback from your colleagues. Now, for the last time in the course, it is time once again to put all of that good practice to use and answer a social research question using categorical statistical tools. As you begin the Assignment, be sure and pay close attention to the assumptions of the test. Specifically, make sure the variables are categorical level variables.For this Assignment, you will consider three different scenarios. Each of these scenarios include a research question. You will examine each scenario, choose a categorical data analysis and run a sample test.To prepare for this Assignment:Review Chapters 10 and 11 of the Frankfort-Nachmias & Leon-Guerrero course text and the media program found in this week’s Learning Resources related to bivariate categorical tests.Using the SPSS software, open the Afrobarometer dataset found in this week’s Learning Resources.Next, review the Chi Square Scenarios found in this week’s Learning Resources and consider each research scenario for this Assignment.Based on the dataset you chose and for each research scenario provided, using the SPSS software, choose a categorical data analysis and run a sample test.Once you perform your categorical data analysis, review Chapter 11 of the Wagner text to understand how to copy and paste your output into your Word document.For this Assignment:Write a 1- to 2-paragraph analysis of your categorical data results for each research scenario. In your analysis, display the data for the output. Based on your results, provide an explanation of what the implications of social change might be.Use proper APA format, citations, and referencing for your analysis, research question, and display of output.
5 pages
Statistics
There are 51 jurisdictions in the list. Thus, to draw a jurisdiction using random number, we need random number consisting ...
Statistics
There are 51 jurisdictions in the list. Thus, to draw a jurisdiction using random number, we need random number consisting of 2 digits. So, we need ...
4 pages
Linear programming
Blair & Rosen, Inc. (B&R) is a brokerage firm that specializes in investment portfolios designed to meet the specific risk ...
Linear programming
Blair & Rosen, Inc. (B&R) is a brokerage firm that specializes in investment portfolios designed to meet the specific risk tolerances of its clients. A client who contacted B&R this past week has a maximum of $50,000 to invest. B&R’s investment advisor decides to recommend a portfolio consisting of two investment funds: an Internet fund and a Blue Chip fund. The Internet fund has a projected annual return of 12 percent, and the Blue Chip fund has a projected annual return of 9 percent. The investment adviser requires that at most $35,000 of the client’s funds should be invested in the Internet fund. B&R services include a risk rating for each investment alternative. The Internet fund, which is the more risky of the two investment alternatives, has a risk rating of 6 per $1,000 invested. The Blue Chip fund has a risk rating of 4 per $1,000 invested.
a. Formulate a linear programming model to find the best investment strategy for this client.
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