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What type of correlation coefficient would you use to examine the relationship between the following variables? Explain why you have selected the correlation coefficients.
A. Reading ability (converted to ordinal rank in class) and number of friends in class (converted to ordinal rank).
B. Political party (Democrat or Republican) and rank in high school graduating class.
C. IQ score and subjective well-being score.
D. Gender (male or female) and score on a test of musical-ability.
prepare a critical analysis of a quantitative study focusing on protection of human participants data collection data management and analysis problem statement and interpretation o
Construct index numbers of price for the following data by applying: i) Laspeyre’s method ii) Paasche’s method iii) Fisher’s Ideal Index number
Statistical Process Control The variability present in manufacturing process can either be eliminated completely or minimized to the extent possible. Eliminating the variabilit
Factor analysis (FA) explains variability among observed random variables in terms of fewer unobserved random variables called factors. The observed variables are expressed in
Given a certain population there are various ways in which a sample may be drawn from it. The chart below illustrates this point: Figure 1 In Judgem
Your company operates a machine shop, and, having heard you had experience in statistics and design of experiments, consulted you for your opinion on an experiment they want to run
why we use dummy variable
prove standard deviation of natural natural numbers
Simulation When decisions are to be taken under conditions of uncertainty, simulation can be used. Simulation as a quantitative method requires the setting up of a mathematical
Question Following the general methodology used by econometricians as explained in the session for week 1 (eight steps), explain how you would proceed to determine if a good com
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