Math For Elementary Education- Odds and Probability
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need help with discussion question
6-1 Discussion: Confidence IntervalsPrevious Next The B&K Real Estate Company sells homes and is currently serving the Sou ...
need help with discussion question
6-1 Discussion: Confidence IntervalsPrevious Next The B&K Real Estate Company sells homes and is currently serving the Southeast region. It has recently expanded to cover the Northeast states. The B&K realtors are excited to now cover the entire East Coast and are working to prepare their southern agents to expand their reach to the Northeast.B&K has hired your company to analyze the Northeast home listing prices in order to give information to their agents about the mean listing price at 95% confidence. Your company offers two analysis packages: one based on a sample size of 100 listings, and another based on a sample size of 1,000 listings. Because there is an additional cost for data collection, your company charges more for the package with 1,000 listings than for the package with 100 listings.Sample size of 100 listings:95% confidence interval for the mean of the Northeast house listing price has a margin of error of $25,000Cost for service to B&K: $2,000Sample size of 1,000 listings:95% confidence interval for the mean of the Northeast house listing price has a margin of error of $5,000Cost for service to B&K: $10,000The B&K management team does not understand the tradeoff between confidence level, sample size, and margin of error. B&K would like you to come back with your recommendation of the sample size that would provide the sales agents with the best understanding of northeast home prices at the lowest cost for service to B&K.In other words, which option is preferable?Spending more on data collection and having a smaller margin of errorSpending less on data collection and having a larger margin of errorChoosing an option somewhere in the middleFor your initial post:Formulate a recommendation and write a confidence statement in the context of this scenario. For the purposes of writing your confidence statement, assume the sample mean house listing price is $310,000 for both packages. “I am [#] % confident the true mean . . . [in context].”Explain the factors that went into your recommendation, including a discussion of the margin of errorFor your response posts to your peers, choose two different confidence intervals for your responses. Do you think the agents would prefer a different confidence interval than their management? What advantages and disadvantages would there be in having different confidence intervals for the agents? Explain your thought process and reasoning in your response.To complete this assignment, review the Discussion Rubric.
Understanding the probability key, statistics homework help
You are a marketing manager for a manufacturer of nonperishable products sold in grocery stores. In this role, you need to ...
Understanding the probability key, statistics homework help
You are a marketing manager for a manufacturer of nonperishable products sold in grocery stores. In this role, you need to make various decisions about how much marketing/advertising support is needed by each product to maximize the profitability of the organization.Assess how the effectiveness of individual marketing/advertising approaches would be determined.Discuss how historical sales data, as well as promotional response data, can aid you in evaluating the effectiveness of the individual marketing/advertising approaches. Support your discussion with relevant examples, research, and rationale.The final paragraph (three or four sentences) of your initial post should summarize the one or two key points that you are making in your initial response.
PSY806 Evaluate News Articles
For this task, you will read three news articles intended for a general audience reporting the results from correlational ...
PSY806 Evaluate News Articles
For this task, you will read three news articles intended for a general audience reporting the results from correlational studies. For each of the articles, you will answer the following questions and provide justifications for your answers:Provide a brief summary of the topic of the article.Determine which variables are the focus of the research.Describe how the results of the correlational analyses are presented.Does the author of the article present the results as causal? In other words, does the author make statements that one variable causes the other?Can you think of any additional variables that were not included in this study that may be important to consider? Please describe the variables.Based on what you know about correlational research, does it make sense to make lifestyle changes based on the research presented in this article? Please explain your answer.Did the news article accurately represent the research conducted? Please explain your answer.Length:4-5 pages not including title and reference pageYour paper should demonstrate thoughtful consideration of the ideas and concepts presented in the course by providing new thoughts and insights relating directly to this topic. Your response should reflect scholarly writing and current APA standards.Resource Links:https://www.everydayhealth.com/columns/jared-bunch...https://senseaboutscienceusa.org/causation-vs-corr...https://healthland.time.com/2011/03/24/why-going-t...https://www.huffpost.com/entry/can-of-soda-diabete...
9 pages
Kendall Klement Soci 3163 Homework Assignment 9 1 1
Instructions: Download this word document to your computer and save the file as your last name_Homework9 (example: Pioneer ...
Kendall Klement Soci 3163 Homework Assignment 9 1 1
Instructions: Download this word document to your computer and save the file as your last name_Homework9 (example: Pioneer_Homework9). Type your ...
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need help with discussion question
6-1 Discussion: Confidence IntervalsPrevious Next The B&K Real Estate Company sells homes and is currently serving the Sou ...
need help with discussion question
6-1 Discussion: Confidence IntervalsPrevious Next The B&K Real Estate Company sells homes and is currently serving the Southeast region. It has recently expanded to cover the Northeast states. The B&K realtors are excited to now cover the entire East Coast and are working to prepare their southern agents to expand their reach to the Northeast.B&K has hired your company to analyze the Northeast home listing prices in order to give information to their agents about the mean listing price at 95% confidence. Your company offers two analysis packages: one based on a sample size of 100 listings, and another based on a sample size of 1,000 listings. Because there is an additional cost for data collection, your company charges more for the package with 1,000 listings than for the package with 100 listings.Sample size of 100 listings:95% confidence interval for the mean of the Northeast house listing price has a margin of error of $25,000Cost for service to B&K: $2,000Sample size of 1,000 listings:95% confidence interval for the mean of the Northeast house listing price has a margin of error of $5,000Cost for service to B&K: $10,000The B&K management team does not understand the tradeoff between confidence level, sample size, and margin of error. B&K would like you to come back with your recommendation of the sample size that would provide the sales agents with the best understanding of northeast home prices at the lowest cost for service to B&K.In other words, which option is preferable?Spending more on data collection and having a smaller margin of errorSpending less on data collection and having a larger margin of errorChoosing an option somewhere in the middleFor your initial post:Formulate a recommendation and write a confidence statement in the context of this scenario. For the purposes of writing your confidence statement, assume the sample mean house listing price is $310,000 for both packages. “I am [#] % confident the true mean . . . [in context].”Explain the factors that went into your recommendation, including a discussion of the margin of errorFor your response posts to your peers, choose two different confidence intervals for your responses. Do you think the agents would prefer a different confidence interval than their management? What advantages and disadvantages would there be in having different confidence intervals for the agents? Explain your thought process and reasoning in your response.To complete this assignment, review the Discussion Rubric.
Understanding the probability key, statistics homework help
You are a marketing manager for a manufacturer of nonperishable products sold in grocery stores. In this role, you need to ...
Understanding the probability key, statistics homework help
You are a marketing manager for a manufacturer of nonperishable products sold in grocery stores. In this role, you need to make various decisions about how much marketing/advertising support is needed by each product to maximize the profitability of the organization.Assess how the effectiveness of individual marketing/advertising approaches would be determined.Discuss how historical sales data, as well as promotional response data, can aid you in evaluating the effectiveness of the individual marketing/advertising approaches. Support your discussion with relevant examples, research, and rationale.The final paragraph (three or four sentences) of your initial post should summarize the one or two key points that you are making in your initial response.
PSY806 Evaluate News Articles
For this task, you will read three news articles intended for a general audience reporting the results from correlational ...
PSY806 Evaluate News Articles
For this task, you will read three news articles intended for a general audience reporting the results from correlational studies. For each of the articles, you will answer the following questions and provide justifications for your answers:Provide a brief summary of the topic of the article.Determine which variables are the focus of the research.Describe how the results of the correlational analyses are presented.Does the author of the article present the results as causal? In other words, does the author make statements that one variable causes the other?Can you think of any additional variables that were not included in this study that may be important to consider? Please describe the variables.Based on what you know about correlational research, does it make sense to make lifestyle changes based on the research presented in this article? Please explain your answer.Did the news article accurately represent the research conducted? Please explain your answer.Length:4-5 pages not including title and reference pageYour paper should demonstrate thoughtful consideration of the ideas and concepts presented in the course by providing new thoughts and insights relating directly to this topic. Your response should reflect scholarly writing and current APA standards.Resource Links:https://www.everydayhealth.com/columns/jared-bunch...https://senseaboutscienceusa.org/causation-vs-corr...https://healthland.time.com/2011/03/24/why-going-t...https://www.huffpost.com/entry/can-of-soda-diabete...
9 pages
Kendall Klement Soci 3163 Homework Assignment 9 1 1
Instructions: Download this word document to your computer and save the file as your last name_Homework9 (example: Pioneer ...
Kendall Klement Soci 3163 Homework Assignment 9 1 1
Instructions: Download this word document to your computer and save the file as your last name_Homework9 (example: Pioneer_Homework9). Type your ...
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