Question
In: Statistics and Probability
The topic for discussion in the Forum of Unit 6 are mathematical models and how good...
The topic for discussion in the Forum of Unit 6 are mathematical models and how good they should fit reality. In this Forum we would like to return to the same topic subject, but consider it specifically in the context of statistical models.
Some statisticians prefer complex models, models that try to fit the data as closely as one can. Others prefer a simple model. They claim that although simpler models are more remote from the data yet they are easier to interpret and thus provide more insight.
What do you think? Which type of model is best to use?
When formulating your answer to this question you may think of a situation that involves inference that you do and need to present to other people. Would the consumers of your analysis benefit more from you having used a complex model of from yo having used a simpler model? What would be the best way to report your findings and explain them to the consumers? (200 words)
Solutions
orchestra answered 1 year agoRelated Solutions
Write a post for the Discussion Forum on this topic, addressing the questions below. Unless otherwise...
Write a post for the Discussion Forum on this topic, addressing
the questions below. Unless otherwise specified, each part should
be 1–2 paragraphs or several bullet points in length. PART 1:
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it different from competitors in positive ways.
Unit 6 Discussion: Stakeholder Communication It is so important to have good communication with a project's...
Unit 6 Discussion: Stakeholder Communication
It is so important to have good communication with a project's
stakeholders.
What happens if the project manager and team maintain clear
current communication with the key stakeholders?
What can happen if the project manager and team have poor and
sparse communication with the key stakeholders?
Use project examples from personal experience or research to
justify your responses. Cite all sources. Additionally, please
respond to two other classmates’ posts.
Please select a relevant current event topic in economics and post in the discussion forum along...
Please select a relevant current event topic in economics and
post in the discussion forum along with your brief summary of the
article. Good on line sources are CNN Money, USA Today Money
Section, Wall Street Journal On line, Economic Way of Thinking,
Economist, or any other on line periodical or news service.
Students should provide a link to the article or select the print
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Differentiating Metals and Non-Metals discussion forum
The objectives of this discussion forum revolve around the
fundamental concepts of atomic theory, molecular structure and
properties, and chemical nomenclature (naming). Your initial post
to the forum should be in response to the following:
Explain how you would go about distinguishing a
metal from a nonmetal.
Consider including the following talking points in your
discussion posts this week:
An explanation of the differences between metals and nonmetals
including the physical and chemical properties...
Unit 1 Discussion Forum 2: Transforming Leaders. Read the case at the end of Chapter 1...
Unit 1 Discussion Forum 2: Transforming Leaders.
Read the case at the end of Chapter 1 on Transforming Leaders.
Respond to the discussion questions at the end of case to frame
your post. You don't need to answer every question, but use them to
guide your responses in the case analysis.
The case is also listed below:
Cameryn is the vice president for professional development at
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Unit 6 Discussion
You will have multiple components to the discussion that will need
to be answered. You may answer these items in a list with the
number by them in the initial discussion. First post is due by
Wednesday and requires two credible references. You must reply to
two of your peers and the final post is due by Sunday. You must
participate on a minimum of two different days when posting. Your
replies should be based on differences...
Mathematical models are used as tools to describe reality. These models are supposed to characterize the...
Mathematical models are used as tools to describe reality. These
models are supposed to characterize the important features of the
analyzed phenomena and provide insight. The normal distribution is
an example of a random variable that is widely used by researchers
to model real data.
Researchers often model real observations using the normal
distribution, but sometimes the real distribution is a bit
different from the perfect, normal distribution. List some
reasons why researchers might make approximations like this and
describe...
Mathematical models are used as tools to describe reality. These models are supposed to characterize the...
Mathematical models are used as tools to describe reality. These
models are supposed to characterize the important features of the
analyzed phenomena and provide insight. The normal distribution is
an example of a random variable that is widely used by researchers
to model real data.
Researchers often model real observations using the normal
distribution, but sometimes the real distribution is a bit
different from the perfect, normal distribution. List some
reasons why researchers might make approximations like this and
describe...
Complete the Module 6 Discussion Forum In November 24, 2014, Netflix filed a lawsuit against its...
Complete the Module 6 Discussion Forum
In November 24, 2014, Netflix filed a lawsuit against its former
vice president of IT operations, Mike Kail, alleging fraud, breach
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lawsuit filing in Superior Court of the State of California, Santa
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“…During his tenure at Netflix, including as Netflix’s Vice
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Which do you think is larger, the mean number of siblings of
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How would you verify your answer to #2? What questions would
you need to ask?
Why...
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