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p1 hat= 0.506 (men)
p2 hat= 0.386 (women)
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Colorado State University Global Logarithmic Model Quantity and Pricing Worksheet
As a manager, you have the following data collected by your data analyst regarding the price and quantity demanded:
Price ...
Colorado State University Global Logarithmic Model Quantity and Pricing Worksheet
As a manager, you have the following data collected by your data analyst regarding the price and quantity demanded:
Price of One Shirt (P)
Demand (D)
2300
152
2000
159
1700
164
1500
171
1300
176
1200
180
1000
189
Note that you are asked to use a graphing utility in this assignment. A recommended online utility is https://www.desmos.com/calculator (Links to an external site.). It allows graphing and then copying and posting into a Word document.
Using a graphing utility, draw a scatter diagram with price as a function of demand.
Using a graphing utility, build a logarithmic model from the data.
Graph the logarithmic function in the scatter diagram.
Use the function you found above to predict the number of quantities that will be demanded if the price is $1750.
Use the function you found in #2 to predict the price, if the quantity demanded is 174.
Requirements:
Your paper should be 2-3 pages (not counting the title page and references page) and cite and integrate at least one credible outside source. The CSU Global Library (Links to an external site.) is a great place to find resources. Your textbook is a credible resource.
Include a title page, introduction, body, conclusion, and a reference page.
The introduction should describe or summarize the topic or problem. It might discuss the general applications of the topic or it might introduce the unique terminology associated with the topic.
The body of your paper should address the questions posed in the problem. Explain how you approached and answered the question or solved the problem, and, for each question, show all steps involved. Be sure this is in paragraph format, not numbered answers like a homework assignment.
The conclusion should summarize your thoughts about what you have determined from your analysis in completing the assignment. Nothing new should be introduced in the conclusion that was not previously discussed in the body paragraphs.
Variables, Measurement, and SPSS
Write a 1- to 2-page summary and include the following:A description of what the each of the variables measure.A descripti ...
Variables, Measurement, and SPSS
Write a 1- to 2-page summary and include the following: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?
MTH 154 Northern Virginia Community College Buying vs Renting Project
The instructions would be on the document. You'll need to construct an excel document with the information provided.
MTH 154 Northern Virginia Community College Buying vs Renting Project
The instructions would be on the document. You'll need to construct an excel document with the information provided.
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Part of your task as a scholar-practitioner is to act as a critical consumer of research and ask informed questions of pub ...
Evaluating Significance of Findings
Part of your task as a scholar-practitioner is to act as a critical consumer of research and ask informed questions of published material. Sometimes, claims are made that do not match the results of the analysis. Unfortunately, this is why statistics is sometimes unfairly associated with telling lies. These misalignments might not be solely attributable to statistical nonsense, but also “user error.” One of the greatest areas of user error is within the practice of hypothesis testing and interpreting statistical significance. As you continue to consume research, be sure and read everything with a critical eye and call out statements that do not match the results.For this Assignment, you will examine statistical significance and meaningfulness based on sample statements.For this Assignment:Critically evaluate the two scenarios you selected based upon the following points:Critically evaluate the sample size.Critically evaluate the statements for meaningfulness.Critically evaluate the statements for statistical significance.Based on your evaluation, provide an explanation of the implications for social change.Use proper APA format and citations, and referencing.
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Most Popular Content
Colorado State University Global Logarithmic Model Quantity and Pricing Worksheet
As a manager, you have the following data collected by your data analyst regarding the price and quantity demanded:
Price ...
Colorado State University Global Logarithmic Model Quantity and Pricing Worksheet
As a manager, you have the following data collected by your data analyst regarding the price and quantity demanded:
Price of One Shirt (P)
Demand (D)
2300
152
2000
159
1700
164
1500
171
1300
176
1200
180
1000
189
Note that you are asked to use a graphing utility in this assignment. A recommended online utility is https://www.desmos.com/calculator (Links to an external site.). It allows graphing and then copying and posting into a Word document.
Using a graphing utility, draw a scatter diagram with price as a function of demand.
Using a graphing utility, build a logarithmic model from the data.
Graph the logarithmic function in the scatter diagram.
Use the function you found above to predict the number of quantities that will be demanded if the price is $1750.
Use the function you found in #2 to predict the price, if the quantity demanded is 174.
Requirements:
Your paper should be 2-3 pages (not counting the title page and references page) and cite and integrate at least one credible outside source. The CSU Global Library (Links to an external site.) is a great place to find resources. Your textbook is a credible resource.
Include a title page, introduction, body, conclusion, and a reference page.
The introduction should describe or summarize the topic or problem. It might discuss the general applications of the topic or it might introduce the unique terminology associated with the topic.
The body of your paper should address the questions posed in the problem. Explain how you approached and answered the question or solved the problem, and, for each question, show all steps involved. Be sure this is in paragraph format, not numbered answers like a homework assignment.
The conclusion should summarize your thoughts about what you have determined from your analysis in completing the assignment. Nothing new should be introduced in the conclusion that was not previously discussed in the body paragraphs.
Variables, Measurement, and SPSS
Write a 1- to 2-page summary and include the following:A description of what the each of the variables measure.A descripti ...
Variables, Measurement, and SPSS
Write a 1- to 2-page summary and include the following: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?
MTH 154 Northern Virginia Community College Buying vs Renting Project
The instructions would be on the document. You'll need to construct an excel document with the information provided.
MTH 154 Northern Virginia Community College Buying vs Renting Project
The instructions would be on the document. You'll need to construct an excel document with the information provided.
Evaluating Significance of Findings
Part of your task as a scholar-practitioner is to act as a critical consumer of research and ask informed questions of pub ...
Evaluating Significance of Findings
Part of your task as a scholar-practitioner is to act as a critical consumer of research and ask informed questions of published material. Sometimes, claims are made that do not match the results of the analysis. Unfortunately, this is why statistics is sometimes unfairly associated with telling lies. These misalignments might not be solely attributable to statistical nonsense, but also “user error.” One of the greatest areas of user error is within the practice of hypothesis testing and interpreting statistical significance. As you continue to consume research, be sure and read everything with a critical eye and call out statements that do not match the results.For this Assignment, you will examine statistical significance and meaningfulness based on sample statements.For this Assignment:Critically evaluate the two scenarios you selected based upon the following points:Critically evaluate the sample size.Critically evaluate the statements for meaningfulness.Critically evaluate the statements for statistical significance.Based on your evaluation, provide an explanation of the implications for social change.Use proper APA format and citations, and referencing.
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