List the procedures for statistically adjusting data and briefly discuss the uses for each
What will be an ideal response?
In weighting, each case or respondent in the database is assigned a weight to reflect its importance relative to other cases or respondents. Weighting is most widely used to make the sample data more representative of a target population on specific characteristics.
Variable respecification involves the transformation of data to create new variables or modify existing variables. The purpose of respecification is to create new variables that are consistent with the objectives of the study.
Scale transformation involves a manipulation of scale values to ensure comparability with other scales or otherwise make the data suitable for analysis.
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The issuing firm benefits from issuing convertible preferred shares, because these shares carry a lower dividend rate than purchasers otherwise would have required to buy the shares for a given price
Indicate whether the statement is true or false
Scheduling jobs into the future based upon job arrival date refers to?
a. Backward scheduling b. Forward scheduling c. Inverse scheduling d. Advance scheduling
Tommy Nolis is driving a delivery truck for The Bay when he collides with Faye Chu. As it happens, Faye is also an employee of The Bay, although this was her day off. The accident is Tommy's fault
In fact, he was driving quite recklessly and was impaired. Can Faye sue The Bay for her damages? A) No. Tommy was not acting I the scope of his employment because he was drinking on the job. B) No. An employer cannot be held responsible for the crimes of its employees. C) Yes. An employer is vicariously liable for torts committed by its employees in the course of their employment. D) No Faye is caught by the co-employee rule. E) Both A and B
Consider the Demand for Microwave Ovens dataset. What is the total demand corresponding to random numbers 77, 29, 2, 7, 64, and 71?
a. 8
b. 9
c. 10
d. 11