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Questions:
1. Why must an odds ratio be used in a case-control study rather than a risk ratio? An odd ratio must be used in a case control study rather than a risk ratio because it involves the exposure and the outcome. How accurate are the data about exposure in a case-control study? Explain your answer. I do believe the data about exposure in a case control study is very accurate because it helps determines if an exposure is associated with an outcome. How certain are you about the time order of the exposure and the outcome in a case control study? Explain your answer. A case control study always begins with an outcome and then goes back to examine the exposure, which makes the time order more certain. 4. What would happen to the odds ratio of a case-control study if the controls who were selected did not have the same opportunity to have the exposure as the cases?
This document contains various important questions and their appropriate answers in the subject field of Economics.
Economics is the study of the principles governing the allocation of scarce means among competing ends when the objective of the allocation is to maximize the attainment of the ends.
Evaluate Government intervene and correct this situation?(a) Explain the concept of a concentration ratio. A rise in the price of magarine Explain the impact of external costs and external benefits on resource allocation long-run perfectly c..
Explain each of the following using supply and demand diagrams, With the use of a graph, explain how these two programs affect cigarette consumption and the price of cigarettes.
The case study of the Fisher-Price Toys, Inc., a popular case in basic economics and management from the prestigious Harvard Business School.
Draw the production possibility curve and a. Define consumer surplus and producer surplus.
The Australian government administers two programs that affect the market for cigarettes
How many tickets to sell to maximize total welfare.
The change in consumer surplus (?CS) is not "theoretically" justifiable like the CV and EV but it continues to be the most widely used measure of consumer welfare change. Explain how this can be reconciled
Depict the von Neumann-Morgenstern utility index u in a diagram
What is the market solution (market price and quantity) and What is the total surplus of the society under the market solution
Calculate gross national product and net national product
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