Describe the distributions of the log variables

Assignment Help Basic Statistics
Reference no: EM131746209

Question - Predicting total TEQ using transformed variables. Use the log data set that you created in Exercise to find a good multiple regression model for predicting the log of TEQ. Use only log PCB variables for this analysis. Write a report summarizing your results and comparing them with the results that you obtained in the previous exercise.

Exercise - Predicting total amount of PCB using transformed variables. Because distributions of variables such as PCB, the PCB congeners, and TEQ tend to be skewed, researchers frequently analyze the logarithms of the measured variables. Create a data set that has the logs of each of the variables in the PCB data set. Note that zero is a possible value for PCB126; most software packages will eliminate these cases when you request a log transformation.

(a) If you do not do anything about the 16 zero values of PCB126, what does your software do with these cases? Is there an error message of some kind?

(b) If you attempt to run a regression to predict the log of PCB using the log of PCB126 and the log of PCB52, are the cases with the zero values of PCB126 eliminated? Do you think that is a good way to handle this situation?

(c) The smallest nonzero value of PCB126 is 0.0052. One common practice when taking logarithms of measured values is to replace the zeros by one-half of the smallest observed value. Create a logarithm data set using this procedure; that is, replace the 16 zero values of PCB126 by 0.0026 before taking logarithms. Use numerical and graphical summaries to describe the distributions of the log variables.

Reference no: EM131746209

Questions Cloud

Based on what was taught in lecture : Analyze it based on what was taught in Lecture 04
Footnote disclosures that would be necessary : Effect of the change on the balance sheet and income statement,
Staff morale hig and donates half of his pay to charity : John Mackey, CEO of Whole Food Market, keeps his pay low to keep staff morale hig and donates half of his pay to charity.
Why are budgets important for governments and nfps : Why are budgets important for governments and NFPs, What types of budgets are prepared
Describe the distributions of the log variables : Predicting total amount of PCB using transformed variables. Use numerical and graphical summaries to describe the distributions of the log variables
Explain which brand performance metric shows the effect : What is the “Natural monopoly effect”? Explain which brand performance metric shows the effect.
Interview one family member and one close friend : How to handle the conflict using strategies talked about in the book or discussed in articles featured on the companion website.
Accelerated depreciation had been taken on the building : Accelerated depreciation had been taken on the building, but the building is now fully depreciated
Priced healthcare benefits and flexible work conditions : I think top three elements to consider when setting compensation are competitive pay rates, reasonably priced healthcare benefits and flexible work conditions

Reviews

Write a Review

Basic Statistics Questions & Answers

  Consider a perfectly normally distributed population and

consider a perfectly normally distributed population and answer the followinga. what is the skewness value?b. what type

  What is the inference drawn from the analysis

Identify the experimental units of the study.- Identify the variables measured and their type (quantitative or qualitative).

  Estimate the population proportion

Determine the sample size n needed to construct a 95?% confidence interval to estimate the population proportion for the following sample proportions

  Hypotheses for a chi-squared test

State the hypotheses for a chi-squared test in the context of this problem. Calculate the expected matrix and describe what it represents. Calculate the test statistic. Describe what this represents and answer the question posed.

  Describe the types of graphs

Give an example of a study-real or hypothetical-in the social sciences that might display its data using the following types of graphs.

  Confidence interval for the true proportion

Determine a 95% confidence interval for the true proportion of the given population that smokes.

  Mean and median for given discrete distribution

Write all the possible samples of size 2 and calculate the average or median of each one.

  Proportion of residents in neighborhood

Provide a 95% confidence interval for the true proportion of residents in this neighborhood who would be interested in purchasing organic coffee.

  Find level of significance of when to reject

Suppose you want to test the claim that a mean is greater than 25.6, where the population standard deviation is known. Given a sample size of n = 44 and a level of significance of when should you reject?

  Probability of a positive economic trend

Determine the probability of a positive economic trend given an increasing employment. Are employment and economic trend independent?

  Given random variable is binomial distribution or not

Confirm whether given random variable is binomial distribution or not. If this experiment is finished with replacement, explain why.

  Explain the significance of statistics in business decision

what is the importance of statistics in business decision making? describe a business situation where statistics was

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