Cross-classification between education and workplace

Assignment Help Finance Basics
Reference no: EM131715012

Question: One issue in the U.S. statistical community in recent years is whether the American Statistical Association (ASA) should offer a certification process for its members so that statisticians meeting the qualifications could be designated as "Certified Statisticians." In 1994 the ASA surveyed its membership about this issue (data are in the file certify.dat). The survey was sent to all 18,609 members, and 5001 responses were obtained. Results from the survey were reported in the October 1994 issue of Amstat News. Assume that in 1994, the ASA membership had the following characteristics: Fifty-five percent have Ph.D.s and 38% have master's degrees; 29% work in industry, 34% work in academia, and 11 % work in government. The cross-classification between education and workplace was unavailable.

a. What are the response rates for the various subclasses of ASA membership? Are the nonrespondents MCAR? Do you think they are MAR?

b. Use raking to adjust the weights for the six cells defined by education (Ph.D. or non-Ph.D.) and workplace (industry, academia, or other). Start with an initial weight of 18,609/5001 for each respondent. What assumptions must you make to use raking? Estimate the proportion of ASA members who respond to each of categories 0 through 5 (variable certify), both with and without the raking weights. For this exercise, you may want to classify missing values in the "non-Ph.D." or the "other workplace" category.

c. Do you think that opponents of certification are justified in using results from this survey to claim that a majority of the ASA membership opposes certification? Why, or why not?

Reference no: EM131715012

Questions Cloud

Develop a flow chart solution to output : Develop a flow chart solution to output the needed number of employees per hour. (There is no such thing as a partial employee.)
Software was fully managed on-premises : Until now, all IT technology and software was fully managed on-premises. However, the practice is adding another location and five new employees.
Define compute the sum of the years digits depreciation : Assume the useful life is 20 years, the cost is $100,000, and the salvage value is $5,000
Negative the program must give an error : And if the balance that the user gives us is negative the program must give an error and tell them to enter a positive number.
Cross-classification between education and workplace : One issue in the U.S. statistical community in recent years is whether the American Statistical Association (ASA) should offer a certification process.
How do theorists explain schizophrenia : What is the nature of these attitudes? Where do they come from? How can they eliminate their bias?How do theorists explain schizophrenia?
Determine what net income would have been in second year : Determine what net income would have been in the second year if the allowance method
What corrective action to take in-flight : With that said, describe what a "black hole" illusion is, what corrective action to take in-flight, and how an aviator can prevent it from occurring.
Importance of security training prior : Provide five reasons for the importance of security training prior to executing the sdl process.

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd