LEARN MORE...

Political Analysis Statistics

Content type

User Generated

Subject

Statistics

School

University of Utah

Course

POLS3001

Type

Homework

Uploaded By

Znqvanovyn099

Pages

2

Showing Page:

1/2

Sign up to view the full document!

Showing Page:

2/2

Sign up to view the full document!

Unformatted Attachment Preview

Exercise 1 Calculate the standard error of the mean for the following sample sizes: • • • 200 500 1000 Assume the standard deviation of the population is $23,000. Ensure that you show your work. Standard error = standard deviation/√𝒏 For n = 200 Standard error = 23000/√𝟐𝟎𝟎 = 1626.346 For n = 500 Standard error = 23000/√𝟓𝟎𝟎 = 1028.591 For n = 1000 Standard error = 23000/√𝟏𝟎𝟎𝟎 = 727.3239 Exercise 2 A government program in a European country is set up to distribute subsidized business loans in towns with a mean independent, single-owned business i ...
Purchase document to see full attachment

Tags: math homework political science statistics

User generated content is uploaded by users for the purposes of learning and should be used following Studypool's honor code & terms of service.

Studypool

4.7

Indeed

4.5

Sitejabber

4.4

24/7 Study Help

Stuck on a study question? Our verified tutors can answer all questions, from basic math to advanced rocket science!

Post question

HCAD 640 UMGC Financial Management for Health Care Organizations Questions & MEMO

Instructions Maryland Home and Community-Based Services (MHCBS) is considering a major expansion that will enable it to a ...

HCAD 640 UMGC Financial Management for Health Care Organizations Questions & MEMO

Instructions Maryland Home and Community-Based Services (MHCBS) is considering a major expansion that will enable it to attract a different clientele to its organization. Currently, they serve only 34% of the frail elderly seniors and persons with disabilities in the local area. The new chief CEO would like the organization to expand its revenue stream by investing in a senior multipurpose center serving healthy seniors by offering them arts and crafts and health and wellness programs. The center will also contain an Internet café offering nutritious breakfast and lunch options. The CEO has commissioned a needs assessment, and the study’s results reveal that there are approximately 120 seniors in the local community who are interested in this center and the CEO expects growth of the aging population to be at least 10% each year. Cost growth across all areas of expense is expected to rise by 5% each year. The CEO has presented her proposal and financial information to the Board of Directors, and they have advised her that they are in full support of her strategy only if the program is a benefit to the community and if the organization can recoup its investment in five years. The CEO has asked you if this can be achieved.Based on the information presented in the scenario, calculate the two analyses and explain, in a brief memorandum to the CEO, their implications. Service Line Break Even Analysis Memo The proposed costs to operate this new facility are as follows: Expected Monthly Revenue (Membership Fee): $125 per person Monthly Fixed Costs Utilities: $590 Health/Wellness Staff: $2,500 Arts/Crafts Staff: $2,000 Supplies: $800 Fitness Equipment Maintenance Contract: $200 Variable Costs Monthly Lunch Cost: $25 Monthly Breakfast Cost: $15 Based on the information above, once the minimum threshold of participants is reached, the initial investment to establish the center is $317,880. The organization anticipates that it will generate $46,920 of net revenues in the first year, $68,166 in the second year, $93,404 in the third year, $123,287 in the fourth year, and $158,573 in the fifth year. Perform the break-even analysis to determine how many seniors would need to have a full monthly membership for UMGC Home and Community-Based Services to cover its monthly expenses. Calculate the payback period to determine how long it will take for the organization to recover its initial investment of establishing the senior multipurpose center.

MAT 240 Southern New Hampshire University Week 6 B&K Real Estate Company Worksheet

The B&K Real Estate Company sells homes and is currently serving the Southeast region. It has recently expanded to cover t ...

MAT 240 Southern New Hampshire University Week 6 B&K Real Estate Company Worksheet

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 error

PUB 550 Grand Canyon University Week 2 Excel and IBM SPSS Statistic Comparative Essay

The purpose of this assignment is to compare basic functions in Excel and SPSS to calculate descriptive statistics and use ...

PUB 550 Grand Canyon University Week 2 Excel and IBM SPSS Statistic Comparative Essay

The purpose of this assignment is to compare basic functions in Excel and SPSS to calculate descriptive statistics and use this information to describe the sample.For this assignment, students will utilize Excel with the Data Analysis ToolPak and SPSS Statistics and the "Example Dataset" to complete the assignment. Refer to the Topic Materials for assistance with enabling the Data Analysis ToolPak on a Mac or PC.Part 1:Complete the following steps in both Excel and IBM SPSS Statistics.Calculate mean, median, and mode for the variables "Annual Income" and "Age." Show the appropriate summary tables for these measures from both Excel and SPSS. Include the other descriptive statistics that are a part of the summary output in Excel and SPSS.Create histograms to show the distribution for "Annual Income" and "Age." Copy and paste the histograms from Excel and export the histogram from SPSS into the Word document for this assignment.Create frequency tables that include counts and percentages for smoking status, employment status, exercise level, and education level. Show the tables in the Word document for this assignment.Part 2:Based upon the Part 1 activities, write a 250-500 word interpretation that addresses the following.Discuss the sampling strategy used in this study and if it resulted in a representative sample.Discuss what you are able to ascertain about the sample from the descriptive statistics.Explain what other variables the research team could have included to gain a better understanding of the population.General RequirementsSubmit one Word document for the Part 1 assignment content and a second Word document for Part 2 of the assignment.APA style is not required, but solid academic writing is expected.This assignment uses a rubric. Please review the rubric prior to beginning the assignment to become familiar with the expectations for successful completion.

MDC Nursing Statistics Discussion

The internet is host to a wealth of information and much of that information comes from raw data that have been collected ...

MDC Nursing Statistics Discussion

The internet is host to a wealth of information and much of that information comes from raw data that have been collected or observed.Many websites summarize such data using graphical methods discussed in this chapter.Find a website related to your major ((((( NURSING)))))) that summarizes data and uses graphs, and share it with the class. Let us know how it relates to your major and why it is of interest to you.

STAT 200 UMUC Descriptive Statistics Data & Inferential Statistics Analysis Essay

STAT 200 UMUC Descriptive Statistics Data & Inferential Statistics Analysis Essay

Need assistance with RSCH 4.3 Z TEST

For this activity, utilize the five-step process and the following data set. The two populations are: Population A: oMe ...

Need assistance with RSCH 4.3 Z TEST

For this activity, utilize the five-step process and the following data set. The two populations are: Population A: oMean=36, SD=4 Population B: o(sample of one): Raw Score=44 Set up a one-tail Z test evaluating the improvement of a score, presenting the following: Restate the research question as a research hypothesis and a null hypothesis about the populations.Determine the characteristics of the comparison distribution.Determine the cutoff sample score on the comparison distribution at which the null hypothesis should be rejected.Determine your sample’s score on the comparison distribution. 5.Decide whether to reject the null hypothesis.

Similar Documents

Tate, Haley, and Sam are standing in a line. How many different ways can they line up?

Tate, Haley, and Sam are standing in a line. How many different ways can they line up?...

MAT 510 Design of experiment: Improving E-Mail Marketing case study

Case Study 2: Improving E-Mail Marketing Response Read the following case study. A company wishes to improve its e-mail m...

stats hw pearson

hw is unlimited tries, section 5.3, 5.4, 6.2, 6.3...

MATH 2B UCI Sequence Problems and Ratio Tests Questions

math math math math math math math math math math math math math math math math math math math math math math math math m...

#9 3.07 Precalculus questions

Triogonometry and I need Help

Triangle BCD has vertexes at B(2, 4), C(3, 3), and D(2, 3). Find the measure of angle C. That's the question I just don't ...

Problem 1 B And C

Doc Mar 07 2022

Module 5 Let Learners Struggle

1. According to the Michael Jordan Nike commercial, success is shaped by failures and how an 2. In this video, Michael ela...

Study help

Our tutors provide high quality explanations & answers.

Post question

HCAD 640 UMGC Financial Management for Health Care Organizations Questions & MEMO

Instructions Maryland Home and Community-Based Services (MHCBS) is considering a major expansion that will enable it to a ...

HCAD 640 UMGC Financial Management for Health Care Organizations Questions & MEMO

Instructions Maryland Home and Community-Based Services (MHCBS) is considering a major expansion that will enable it to attract a different clientele to its organization. Currently, they serve only 34% of the frail elderly seniors and persons with disabilities in the local area. The new chief CEO would like the organization to expand its revenue stream by investing in a senior multipurpose center serving healthy seniors by offering them arts and crafts and health and wellness programs. The center will also contain an Internet café offering nutritious breakfast and lunch options. The CEO has commissioned a needs assessment, and the study’s results reveal that there are approximately 120 seniors in the local community who are interested in this center and the CEO expects growth of the aging population to be at least 10% each year. Cost growth across all areas of expense is expected to rise by 5% each year. The CEO has presented her proposal and financial information to the Board of Directors, and they have advised her that they are in full support of her strategy only if the program is a benefit to the community and if the organization can recoup its investment in five years. The CEO has asked you if this can be achieved.Based on the information presented in the scenario, calculate the two analyses and explain, in a brief memorandum to the CEO, their implications. Service Line Break Even Analysis Memo The proposed costs to operate this new facility are as follows: Expected Monthly Revenue (Membership Fee): $125 per person Monthly Fixed Costs Utilities: $590 Health/Wellness Staff: $2,500 Arts/Crafts Staff: $2,000 Supplies: $800 Fitness Equipment Maintenance Contract: $200 Variable Costs Monthly Lunch Cost: $25 Monthly Breakfast Cost: $15 Based on the information above, once the minimum threshold of participants is reached, the initial investment to establish the center is $317,880. The organization anticipates that it will generate $46,920 of net revenues in the first year, $68,166 in the second year, $93,404 in the third year, $123,287 in the fourth year, and $158,573 in the fifth year. Perform the break-even analysis to determine how many seniors would need to have a full monthly membership for UMGC Home and Community-Based Services to cover its monthly expenses. Calculate the payback period to determine how long it will take for the organization to recover its initial investment of establishing the senior multipurpose center.

MAT 240 Southern New Hampshire University Week 6 B&K Real Estate Company Worksheet

The B&K Real Estate Company sells homes and is currently serving the Southeast region. It has recently expanded to cover t ...

MAT 240 Southern New Hampshire University Week 6 B&K Real Estate Company Worksheet

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 error

PUB 550 Grand Canyon University Week 2 Excel and IBM SPSS Statistic Comparative Essay

The purpose of this assignment is to compare basic functions in Excel and SPSS to calculate descriptive statistics and use ...

PUB 550 Grand Canyon University Week 2 Excel and IBM SPSS Statistic Comparative Essay

The purpose of this assignment is to compare basic functions in Excel and SPSS to calculate descriptive statistics and use this information to describe the sample.For this assignment, students will utilize Excel with the Data Analysis ToolPak and SPSS Statistics and the "Example Dataset" to complete the assignment. Refer to the Topic Materials for assistance with enabling the Data Analysis ToolPak on a Mac or PC.Part 1:Complete the following steps in both Excel and IBM SPSS Statistics.Calculate mean, median, and mode for the variables "Annual Income" and "Age." Show the appropriate summary tables for these measures from both Excel and SPSS. Include the other descriptive statistics that are a part of the summary output in Excel and SPSS.Create histograms to show the distribution for "Annual Income" and "Age." Copy and paste the histograms from Excel and export the histogram from SPSS into the Word document for this assignment.Create frequency tables that include counts and percentages for smoking status, employment status, exercise level, and education level. Show the tables in the Word document for this assignment.Part 2:Based upon the Part 1 activities, write a 250-500 word interpretation that addresses the following.Discuss the sampling strategy used in this study and if it resulted in a representative sample.Discuss what you are able to ascertain about the sample from the descriptive statistics.Explain what other variables the research team could have included to gain a better understanding of the population.General RequirementsSubmit one Word document for the Part 1 assignment content and a second Word document for Part 2 of the assignment.APA style is not required, but solid academic writing is expected.This assignment uses a rubric. Please review the rubric prior to beginning the assignment to become familiar with the expectations for successful completion.

MDC Nursing Statistics Discussion

The internet is host to a wealth of information and much of that information comes from raw data that have been collected ...

MDC Nursing Statistics Discussion

The internet is host to a wealth of information and much of that information comes from raw data that have been collected or observed.Many websites summarize such data using graphical methods discussed in this chapter.Find a website related to your major ((((( NURSING)))))) that summarizes data and uses graphs, and share it with the class. Let us know how it relates to your major and why it is of interest to you.

STAT 200 UMUC Descriptive Statistics Data & Inferential Statistics Analysis Essay

STAT 200 UMUC Descriptive Statistics Data & Inferential Statistics Analysis Essay

Need assistance with RSCH 4.3 Z TEST

For this activity, utilize the five-step process and the following data set. The two populations are: Population A: oMe ...

Need assistance with RSCH 4.3 Z TEST

For this activity, utilize the five-step process and the following data set. The two populations are: Population A: oMean=36, SD=4 Population B: o(sample of one): Raw Score=44 Set up a one-tail Z test evaluating the improvement of a score, presenting the following: Restate the research question as a research hypothesis and a null hypothesis about the populations.Determine the characteristics of the comparison distribution.Determine the cutoff sample score on the comparison distribution at which the null hypothesis should be rejected.Determine your sample’s score on the comparison distribution. 5.Decide whether to reject the null hypothesis.