Identify the assumptions made in the arguments made on both sides of the issue – for example, why might someone argue that the demand for entry-level fast-food workers is inelastic? Do you identify any biases in your evidence? ((1/2 page)

Minimum Wage

Explain why you chose these parameters as worthy of consideration.

State the issue and briefly describe the most important factors to be examined in this decision. Explain why you are focused on these particular factors – why do you think they are the most important things to consider?

Present your evidence supporting both sides of the issue and provide the citations necessary so that your reader can return to your source material to verify your findings.

Identify the assumptions made in the arguments made on both sides of the issue – for example, why might someone argue that the demand for entry-level fast-food workers is inelastic? Do you identify any biases in your evidence?

Explain why you want to conduct the survey and what you hope to gain from the survey responses.Explain how the sample size of 200 was obtained from the student college campus population? 

 

WK 3 Business Statistics


In your paper answer the following questions:

Explain how the sample size of 200 was obtained from the student college campus population?  Provided the writer paper that was wrote on this discuss which is called Business statistics to help with this assignment..

Explain what particular ratio

Explain why you want to conduct the survey and what you hope to gain from the survey responses.

Identify the type(s) of data you hope to collect.

Outline the parameters for your proposed survey, taking into consideration what you believe management wants to know.

Create 10 sample questions that will be used in your survey, considering common issues in survey design.

Explain your reasoning for choosing your sample questions.

 

What type of sampling technique was used (for example, stratified, clustered, random, convenience, or systematic)? Why was this technique used? How were the subjects contacted? Was this method appropriate?

Evaluating studies

Review a variety of polls on the site.

Choose a poll to report on that closely aligns to your field of study or area of professional interest.

Review the information in the Survey Methods section of the article. This section details how the study was conducted. Also, study all information contained in additional links at the bottom of this section. You will use this information to complete your assessment.

Then, answer the following questions about the Gallup poll you selected:

What was the purpose of the poll? Write a brief summary. Include the title and link to the article within your summary.

What were the population and sample? Why is this sample appropriate for the population? What was the sample size? Was the sample size large enough to reflect the opinions of the population?

Were the results parameters or statistics? Why?

What type of sampling technique was used (for example, stratified, clustered, random, convenience, or systematic)? Why was this technique used? How were the subjects contacted? Was this method appropriate?

What was the confidence interval and margin of error? Interpret what the confidence interval means as it relates to the context of the survey.

What were the exact questions asked? Do you think the wording of the questions influenced the participants’ responses?

Did you find any evidence of bias in the poll? If so, describe the source of the bias. If not, how was bias avoided?

Discuss the economic interpretation of the parameters (elasticities, marginal propensities long and short run effects, etc.);

Use this section to:

1. Discuss the economic interpretation of the parameters (elasticities, marginal propensities long and short run effects, etc.);

2. Set out any a priori expectations about the signs and magnitudes of the parameters;

3. Set out any hypotheses to be tested (constant returns to scale, homogeneity, unit elasticities, parameters that should lie between zero and unity, etc.).
Page 9 of 13

4. Note any identities linking the data.

5. Discuss any identification proble