Complex Statistics Problems with Elaborate Answers : Page - 8

TaskQuestion 1 (26 marks)a) For the following five variables, identify the level at which it is measured (nominal, ordinal, interval, or ratio) and then whether it is a discrete or continuous variable. 1. Time on email – How many hours per week do you spend sending and answering email? 2. Life satisfaction – On the whole, are you very satisfied, fairly satisfied, not very satisfied, or not at all satisfied with the life you lead?3....

The Effect of Extending the Loan Term on Monthly Payment and Total CostThis assignment is on low car payment when you go to buy a car, you may have the opportunity to have a lower car payment by extending the length of the loan.But how much is this lower payment really costing? In this sheet you will fill in some tables that deal with different interest rates that illustrate what effect a lower monthly payment has on both the term of a loan ...

Problem 1: Exponential Distribution and Poisson ProcessInstructions: This exam was written, with the intention of a student not using their notes or the textbook. A formula sheet is included, that should have anyformula you might need. If you attempt to use your notes or the textbook to look things up, you will likely run out of time. You may use a calculator. Please allocate your time appropriately. You must show your calculations to receiv...

Part AIf a statistical table does not give an entry for the appropriate number(s) of degrees of freedom, then use the closest number(s) of degrees of freedom available. EARNINGS = current hourly earnings in $ S = years of schooling EXP = total out-of-school work experience in years IQ = IQ score, standardized to have a mean of 0, and a standard deviation of 1 MALE = gender of respondent (1 if male, 0 otherwise) ETHBLACK = African-America...

Course Code   :  STAT300

Course Title   :  introduction to probability and statistics

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Question 1: Estimation of the Percentage of Adults Who Get News Online1. In a Harris poll of 2036 adults, 40% said that they prefer to get their news online. Construct a 95% con dence interval estimate of the percentage of all adults who say they prefer to get their news online. (10 points)2. Find the minimum sample size required to estimate the mean pulse rate of adult males with 99% con dence that the sample mean is within 2 bpm of the populat...

Course Code   :  AP2A61

Course Title   :  experimentation and data analysis

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Overview and Learning Outcomes AssessedThis exercise aims to assess your ability to apply statistical tests covered in the course appropriately, to interpret the results of these tests and to present these results effectively. Requirements You have been tasked with writing a report for an organisation that wants to produce guidelines for growing conservation field margins to provide resources for seed-eating birds. As part of this project th...

Course Code   :  STAT101

Course Title   :  Introduction to Statistics

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Question : Variance Associates: Part A Variance Associates (VA) is a commercial aircraft leasing firm. It has two customers, FearUs and Oops, both of which are major overnight package delivery companies. Airlines and overnight package companies normally own only a portion of their total fleet of aircraft, and lease the balance on an as-needed basis. FearUs and Oops have long-term contracts with Variance, under which they have the option to re...

Course Code   :  N50074

Course Title   :  strategic and digital marketing

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Question 1: Marketing Analytics for a Car Rental CompanyQuestion 1Choose a car rental company (of your choice) that is active in the UK:A. Briefly describe the business.B. Identify and evaluate the role of 'marketing analytics' in the current activities of the focal business in delivering value to its customers. C. Critically discuss other opportunities (e.g., collaboration with other businesses) that can provide the focal business to deliv...

Course Code   :  BS2SX2

Course Title   :  business analytics for management and financial decision making

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You are required to use the appropriate module concepts and techniques to complete the given task and analyse the data provided on Blackboard. Treforest Transport has a number of offices across Great Britain and Europe, selling a wide range of passenger cars. The management have consulted you to write an individual report summarising the company’s performance and recommending changes using evidence-based decision-making methods. Your ...

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TaskThe objectives of this assignment are to test your understanding of the various data modelling (time series) techniques covered in the course, expose you to the kind of work you may encounter in your professional career and test your ability to write reports that have technical depth but can be understood by a non-technical audience (such as potential clients). You are working to undertake a research project for a multinational consultant...

Course Code   :  B805

Course Title   :  dissertation

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ObjectivesThe organic products' market is proliferating in most parts of the world. However, institutional weaknesses in developing countries, such as India, have helped to impede the adoption of organic diets in the market. In Europe, the focus is more on what informs consumers' buying habits. 1. To determine the drivers of organic food buying preferences. 2. To assess factors that shape the structure and function of Organic food sales. 3....

Course Code   :  STAT200

Course Title   :  introduction to statistics

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Assignment #1Assignment #1: Prepare Descriptive Statistics Data Analysis PlanBefore conducting any statistical analyses, researchers develop a plan for how they will analyze their data to answer their research questions. The purpose of this assignment is to provide an experience developing a descriptive statistics analysis plan. Note: This first assignment is a planonly; no statistics will be calculated or graphs created. The second assignment...

Course Code   :  QTS0109

Course Title   :  business statistics

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Task: 1. The $3 food voucher was given to improve response rate. However, the survey may still be prone to non-response bias. Explain what is non-response bias and why such bias may be present here. (5 marks)2.  State and explain whether the statements below refer to descriptive or inferential statistics.(a) Pharmacy chains in Singapore commented that the demand for health supplements is expected to increase by another 20% next year.(b) In a ...

TaskPipelines Engineering Company (PEC) have been operating as a pipeline installer for 40 years in the oil and gas industry. They price their tenders in accordance with the methodology of the gulf stream requirements and where require use the form of measurements provided in John S Page’s reference book ‘Estimator’s Piping Man-Hour Manual’. They have gathered their own indices and data from completed projects and the m...

Course Code   :  EDU632

Course Title   :  curriculum based measurement data collection and analysis

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Option 1: Collecting and Analyzing Academic Data Via Curriculum Based MeasurementOption 1: Collecting and Analyzing Academic Data Via Curriculum Based Measurement If you use Curriculum Based Measurement (CBM) to monitor the progress of a student, you must collect at least 6 data points. This data can either be collected during the term, or if you already use some type of CBM, you may use data that was collected at any time during this acade...