Does statistical precision validate results

Assignment Help Operation Management
Reference no: EM132176110

Does Statistical Precision Validate Results?

Generally, two kinds of error affect the validity of statistical measurements. Random error introduces error variance, but as it occurs randomly across respondents, it does not add statistical bias to the data. Systematic error is consistent across respondents, creating a bias within the data that may or may not be known. Typically, the causes for these kinds of error fall into two categories: sampling error, arising in the process of building a respondent pool; and measurement error, arising from the way the questionnaire is constructed.

Questions

Of the potential causes for error described above, which do you think would be easiest to identify? Hardest? Explain your reasoning.

Can you think of any ways that could help researchers determine whether occurrences of statistical significance in their results have managerial significance?

Reference no: EM132176110

Questions Cloud

What is burden of noncommunicable diseases on mortality : What is the burden of noncommunicable diseases on mortality and morbidity in the United States. Research and report your findings.
The decision-making style considers decider personality : The decision-making style considers decider’s personality and depends on way he behaves in the sense of implicating a group in decision or making decision alone
Weightings will best meet the needs of his organization : In order from most to least weight, which of the following weightings will BEST meet the needs of his organization?
Does congress have sufficient means of controlling : Does Congress have sufficient means of controlling the exercise of power by the executive bureaucracy?
Does statistical precision validate results : Does Statistical Precision Validate Results? which do you think would be easiest to identify? Hardest? Explain your reasoning.
Identifies one area of your professional life : Identifies one area of your professional life that could benefit from increased self-management.
How cost estimation problems can occur in projects : Describe the cost estimation techniques. Give examples of how cost estimation problems can occur in projects.
Current ratio income statement accounting equation pressure : Statement of cash flows Balance sheet Current ratio Income statement Accounting equation Pressure from superiors and investors
Strategic managers according to business management : What are the three core roles and responsibilities of strategic managers according to business management?

Reviews

Write a Review

Operation Management Questions & Answers

  How do you think these challenges would differ

How do you think these challenges would differ from a military hospital that is given its funding at the beginning of the year?

  Benefits of having power in negotiation

What are 3-5 benefits of having power in negotiation? What negotiation methods and skills are used to resolve conflict and reach an agreement? What would be the advantages of conflict; in an individual gaining and maintaining a competitive advantage ..

  Explain the three cycles related to biorhythm theory

Explain the three cycles related to biorhythm theory. Erin works in a busy coffee shop. She thrives in this environment as she is often required to perform multiple tasks or transactions at a time. Summarize the reasons why Erin thrives in this envir..

  What is e-leadership

Discuss how to use performance appraisal to give meaningful performance feedback. What is e-leadership?

  Time required to check in and out of the security gate

Construction workers were hired on an hourly basis to perform work being done by AC Contracting in a shipyard that was owned by BAE Company. Security procedures instituted by BAE Company required that the construction workers employed by AC Contracti..

  The nice thing about inventory models

"The nice thing about inventory models is that you can pull one off the shelf and apply it so long as your cost estimates are accurate.” Comment. “MRP just prepares shopping lists. It does not do the shopping or cook the dinner.” Comment.

  How can each value proposition be enhanced

Which one or more of these value propositions apply to Pets Hotel and how can each value proposition be enhanced?

  Identify all the important stakeholders for the entity

Identify all the important stakeholders for the entity. Determine the primary aims/objectives of each stakeholder.

  Formulate an integer programming model

Globex Investment Capital Corporation owns six companies that have the following estimated returns (in millions of dollars) if sold in one of the next 3 years: To generate operating funds, the company must sell at least $20 million worth of assets in..

  Illustrate what is the optimum number of containers support

The material is obtained from a nearby supplier also has a 12-hour cycle time. An efficiency factor of 0.15 has been assigned to this cell. Illustrate what is the optimum number of containers to support this operation.

  What type of technology structure

Swift Move Facilities manufacturers two different bicycle models. The company produces a high volume of products using standardized production runs. The company does very little product customization. Swift Move uses what type of technology structure..

  Relationship between emotion and memory

What is the relationship between emotion and memory? What are your short- and long-term recommendations?

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