Tag: Simpson’s paradox
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What is Simpson’s Paradox? In what other areas of life might we see Simpson’s Paradox?
Begin reading Weapons of Math Destruction (O’Neil, 2016) and prepare for our book club next week, pondering these questions. (These questions are guides for in-depth thinking.) 1.) How are models used in business and what statistics are used as a model? 2.)Think about college rankings and getting credit: what factors would you include in an…
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Explain how different schools of thought would conclude the data. I.e. how would Neoclassical and Classical schools view this data. Is one wrong and is the other right? Why?
Description You must produce a Report on the above topic in a format like this: https://wbg.org.uk/wp-content/uploads/2021/08/Young-women-on-low-income-briefing_FINAL.pdf In addition, you will also need to upload the excel file with the data used in the report. Tips for the Report: – Explain how different schools of thought would conclude the data. I.e. how would Neoclassical and Classical…
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Choose five different charting techniques that are available for visualization and compare-Explain why some are not suitable for displaying data and why others are more effective for data display
Data visualization is the first step in communicating and displaying the results of data analysis. Commonly known data visualization techniques are tables and charts. Visualization techniques are selected based on the information that must be conveyed to the users. In your discussion, Categorize situations where tables are a preferred visualization technique. Illustrate with an example.…