f you go to your data set and change some of the values to values that generate "better" tatistics, which of the following would you be guilty of? Loaded questions. Data manipulation. False causality. Biased samples. Data dredging
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- In the sampling, hypothesis testing and analysis of business research data, which of the following is true? Group of answer choices 1. We make inferences about the population parameters based on sample statistics 2. The sample should be representative of the population 3. A larger sample size is always better 4. Answers1 and 2 only 5. Answers 1, 2 and 3When conducting a sensitivity analysis using multiple estimates, the three estimates are usually:a. probabilistic, authentic, most likelyb. deterministic, most likely, optimisticc. pessimistic, strategic, realisticd. optimistic, pessimistic, most likelyAn information will be having predictive value if it can assist to: a. Predict the past b. Predict the present c. Predict the environment d. Predict the futur
- To collect data on two categorical variables, construct two questions that you would ask consumers of your sporting goods store. (The two questions will become the two variables in which you would conduct a Chi-Square Test for Independence.) Construct a contingency table that you will use to store the results of the data collected. (Utilize the Tables tool to create this table in your response box. Look for the table icon which is located on the far left of all icons at the top of your response box.) What method of data collection will you utilize? In other words, how will you get consumers to answer these questions? Will this method create any possible sampling error or collection bias?Because tests for the significance of coefficients in regression use two-tail hypothesis tests, which are less powerful than one-tail tests, it might be a good idea to A. This is a moot point because coefficient significance is not really important B. Whine and complain about it to your work colleagues C. Live with a less powerful test for significance D. Cut the p-value in half, or compare it to alpha times 2 to increase the test's power E. All of the above F. None of the aboveSmall Mean Problem. Grandfather clocks have a particular market in auctions. You are given a random sample of 25 purchases of grandfather clocks at auctions in Pennsylvania. The sample statistics are: Mean = $1,343.04 Std Dev = $414.04 C.V. = 30.83 N = 25 You are asked to create a 95% Confidence Interval around the price for this sample. What is the Lower Bound for this confidence interval? I just want the answer. Use 2 decimal places for your answer and use the proper rules of rounding.