Describe how you arrived at your solutions. Showcase your critical thinking skills and include supporting detail to back up your conclusions.Do you understand their answers and agree with their conclusions and viewpoints?

Week 2 Discussion Question

Describe how you arrived at your solutions. Showcase your critical thinking skills and include supporting detail to back up your conclusions.

Question 10:

Choose three stocks, three bonds, and three mutual funds that you think would make good investments. Imagine that you invest $1,000 in each of these nine investments. Use an internet resource to track the value of your investment portfolio over the next five weeks.

Based on the portfolio value at the end, find your return for the five-week period. Which investments did better, and which did worse?

Have they answered all the questions pertaining to their problem?

Have they used all the required resources and cited the references correctly?

Do you understand their answers and agree with their conclusions and viewpoints?

What are your arguments against their answers?

 How do the U.S.A.’s health insurance coverage and federal laws affect the various strata (upper or higher income, middle-income, low-income) of the society?

Determine your health care expenses for the year with the insurance policy.

Determine your health care expenses for the year if you did not have the insurance policy.

What is the current status of federal law in the U.S.A. regarding health insurance?

Has the law changed since the Affordable Care Act was passed in 2010? If so, explain.

Compare the U.S.A. health insurance coverage and health care federal laws to other developed,first-world countries like Canada, Australia, Japan, or Western Europe.

How do the U.S.A.’s health insurance coverage and federal laws affect the various strata (upper or higher income, middle-income, low-income) of the society?

What different models have been used to calculate this and why have there been so many different forecasts? Which models are the most reliable ones and why?

Modelling the spread and the death rate of the coronavirus

Modelling the spread and the death rate of the coronavirus: What different models have been used to calculate this and why have there been so many different forecasts? Which models are the most reliable ones and why?

The introduction (that should be around 300-400 words) need to fulfill the below criteria to 100%,e read carefully:

Say exactly what the paper examines (the research question as above) and what type of math that will be used. Specify clearly which mathematical rules that will be used

A clear hypothesis

A motivation for doing this, why it is important to understand

Which data that will be used

What mathematical software that will be used, if any (e.g. Desmos or Autograph)

Who are the professionals investigating and working on these unsolved problems? What are the mathematics organizations that exist out there promoting or advocating for the solutions to these problems?

For example, in what topics or fields of mathematics do humankind still have difficulties finding solutions? Who are the professionals investigating and working on these unsolved problems? What are the mathematics organizations that exist out there promoting or advocating for the solutions to these problems?

Determine the total cost of tiling the outdoor room and painting the master bedroom and evaluate whether they will meet their budget.

Problem-solving and modelling task

Choose a house plan that suits the clients needs and ensure that it will help meet the Gold Coast City Councils requirements for land use.

Construct a scaled diagram of the house plan using its external measurements (length and width) and determine the best position of the house on the block of land taking into account Gold Coast City Council requirements.

The clients have a budget of $7000 to both tile the outdoor room and paint the walls of the master bedroom.

Determine the total cost of tiling the outdoor room and painting the master bedroom and evaluate whether they will meet their budget.

What are the equations for continuous vs discrete? What are examples of discrete probability distribution vs continuous probability distribution using formulas?

Discussion question #2
These are very logical. It may be nice to support the text with more math derivations. What are the equations for continuous vs discrete? What are examples of discrete probability distribution vs continuous probability distribution using formulas?

How many patients will you need in each treatment group if you want to be able to detect a difference that is either better or worse than Medication X?

Problem Set: Randomized Trials

Draw and label the design of a randomized trial (2).

A double-blinded, placebo-controlled, randomized clinical trial is considered the gold standard for experimental research. Explain what each of the three italicized terms means (3).

Define selection bias (1).

What is meant by sample size (1)?

You are starting up a randomized clinical trial to determine whether a new drug is more effective than the current treatment for a disease called phrenobia. You are particularly concerned that two characteristics (or variables) besides drugs might influence how well persons with phrenobia do: whether or not they are bald and whether or not they are bow-legged. You decide to use stratified randomization as a study design to increase the chances that your new and current treatment groups have about the same number of bald, bow-legged subjects.

You enroll 2000 patients; 1400 have hair and 600 are bald. Of the 1400 with hair, 1100 have straight legs and 300 are bow-legged. Of the 600 who are bald, 400 have straight legs and 200 are bow-legged.

Draw a chart showing the stratification of your study population by hair and leg attributes and, after you’ve randomized, the final composition of your new and current treatment groups. Assume that randomization, results in equal assignment of all four strata to treatment groups. (Your chart should be similar in format to that in Figure 10-4 on p.206 of your text.)(2)

You are going to conduct a clinical trial to determine whether a new drug relieves arthritis pain any better than aspirin. What are the 4 possible outcomes of your trial (4)?

You decide to use the table of random numbers on p. 202 of your text to assign subjects to either the new drug or aspirin in your clinical trial on arthritis. You begin the assignment of subjects at the intersection of Row 5 and Column 10 and move through the table horizontally and to the right in assigning subjects.

If odd numbers are assigned the new drug and even numbers are assigned to aspirin, what is the assignment of the first 10 subjects (10)?

At the end of your clinical trial on arthritis you conclude that the new drug is not any better than aspirin. Later trials on the same drug prove that it really is better. (a) What kind of error have you made?

What do you call the probability of making this kind of error? (c) If that probability were 0.32, what would be the power of your study (3)?

If, in a given clinical trial, the probability of making a type I error (α) is 0.01, then what would be the p-value for that study (2)?

Use the tables on p. 221 to answer these questions. Medication X, the current treatment for phrenobia, has a cure rate of 35%. Your start-up drug company hopes your new medication Y will increase the cure rate to 60%. You want to be able to detect that improvement with α =0.05 and β=0.20. (a)

How many patients will you need in each treatment group if you want to be able to detect a difference that is either better or worse than Medication X?

How many will you need if you are only concerned with detecting an outcome that is better than Medication X (2)?