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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?
Discuss your opinion regarding whether unions are still relevant and necessary in today’s work environment. What other means might be used to ensure ‘‘employee voice’’ in the workplace?
What is the basis for decision-making using the present worth comparison method?
In the monetary intertemporal model, show that it is possible to have an equilibrium in which money is not held and only credit cards are used in transactions. What condition does the equilibrium price of credit card services must meet? Does monetary..
Assume there are two groups in the population, and each contributes equally to the cost of the project, but two-thirds of the benefits accrue to the richer group. How this alter the cost-benefit calculation?
Elmer Fudd likes to hunt “wabbits” but also likes to hunt duck. His utility function can be expressed as U(W,D)= 1/(-(2W^2+D^2 )^2 ). Solve for the marginal utility of both “wabbits” and duck. Write the tangency condition, what can you tell me about ..
In a two firm market, let the total cost of producing a product be 2Qi, the inverse market demand be given by the function P = 20 - Q and the market quantity be equal to Q = Q1+Q2. Assume firms compete in quantities, what is the quantity for firm 1 t..
The vast majority of new products fail. Estimates of failure rates range from 60% to 90%. Why? Isn't it reasonable to assume that the people working for the major food companies know this and thus take steps to ensure their new products are successfu..
The following, adapted from a merger case in 2014, were the approximate U.S. market shares of different cigarette companies: Altria, 47 percent; Compute the Herfindahl for this market, showing how you arrived at this number. Suppose that Reynolds Ame..
Find the value of X such that the loan is fully repaid with the last payment. b) What is the dollar amount of each of the five payments ? c) Find the value of all the intrest paid to ken ?
Explain how would a citizen whose income is in the bottom one percent talk about scarcity and trade-offs.
The maybe pay life insurance co is trying to sell you an investment policy that will pay yu and your heirs $40,000 per year forever. if the required return on this investment is 5.1 percent, how much will you pay for the policy? Suppose the sales ass..
Why is marketing forecasting difficult in Agribusiness
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