Reference no: EM131432182
How can graphics and/or statistics be used to misrepresent data?
Data Graphics and statistics can be used to misrepresented in a variety of ways. To an extreme extent as Americans we consume alot because advertisements and peer pressure convince us to. Through persuasive numerical facts, the public tends to believe these claims to be scientifically sound. Data can be misrepresented through human error such as sampling errors which are the most common (Groves, 2004). Sampling errors occur due to a diference between the sample and population.
Where have you seen this done?
For example, the U.S. Senate's Permanent Subcommittee on Investigations disclosed an internal Goldman Sachs email containing the results of one such due diligence report (naic).
According to naic, the email lists a number of serious errors uncovered by due diligence. For example:
"- approx 7% of the pool has material occupancy mis-representation where borrowers took out anywhere from 4 to 14 loans at a time and defaulted on all.
- approx 62% of the pool has not made any payments (4% were reversed pymts/nsf [non-sufficient funds]).
- approx 5% of the pool was possibly originated fraud-ulently based on the dd [due diligence] results. Main findings: possible ID theft, broker misrepresentations, straw buyer, and falsification of information in origina-tion docs.
The above disparities indicate the credit characteristics of the loans were materially different from those described by the initial loan tape.
|
Modify the appropriate table to accept
: Create a list the holds the student grade (A, A-, B+,....), modify the appropriate table to accept only the grades in the list (you need to explain why you selected the above table to record the student grade).
|
|
What are extras rights and remedies against mundo
: In a minimum of a 1,000-word contract analysis, discuss the following questions: Was Mundo obligated to sell the presses to Extra for $2.4 million? Assume Mundo was so obligated. What are Extra's rights and remedies against Mundo?
|
|
State null hypotheses in terms of the population proportion
: State the null and alternative hypotheses in terms of the population proportion of households that have at least one telescope.
|
|
Explain the origin of the federal pollution prevention act
: In 500 to 600 words, explain the origin of the federal Pollution Prevention Act, including the year it was passed, events leading to its passage, politics leading up to its passage.
|
|
How can graphics be used to misrepresent data
: Data Graphics and statistics can be used to misrepresented in a variety of ways. To an extreme extent as Americans we consume alot because advertisements and peer pressure convince us to. Through persuasive numerical facts, the public tends to be..
|
|
State the null and alternative hypotheses
: The most recent summer was unusually wet, and firefighting officials would like to know whether the mean number of acres burned during wildfires was any less. State the null and alternative hypotheses.
|
|
State the null and alternative hypothesis
: Some scientists claim that warmer water off the coast has inhibited growth of all sea life and that the diameter of sand dollars has decreased. State the null and alternative hypothesis.
|
|
Personal observations and occupational experiences
: You will make use of your own personal observations and occupational experiences to enhance both quality and quantity of the final paper.
|
|
Why does he think that tragic poetry is morally dangerous
: In Book X of The Republic, Plato argues that the Tragic Poets should be kicked out of the ideal republic. Why does he argue this? In what way is his response dependent upon his theory of the human soul? What is the nature of truth and rationality ..
|