Independent Variables Chapter 8 is devoted to dummy (independent) variables. This How To answers common questions on working with and interpreting dummy variables. Questions: 1) How to include dummy variables in a regression? 2) How to interpret a coefficient on a dummy variable? 3) How to test hypotheses with dummy variables and interaction terms? 4) How to create a double-log functional form with dummy variables? 5) How to interpret a coefficient on a dummy variable with a log
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Advantages and disadvantages of variable costing Many managers use variable costing for internal reporting and decision making since it has number of advantages (Myers par. 1). First‚ on variable costing reports costs are organized by behavior which makes it easier to understand. Also‚ variable costing statements facilitate cost volume profit (CVP) analysis because it separates cost behavior by fixed and variable. Under variable costing‚ changes in inventory or production do not affect the
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Briefly describe the difference between intrapersonal and interpersonal approaches. What are the advantages and disadvantages of both? The difference is that interpersonal refers to relationships or actions that take place between two or more people while intrapersonal refers to things that go on exclusively within one person. Inter is a prefix meaning between. Similarly‚ we have interpersonal relations that are between two or more people. Intra is a prefix meaning within. In schools‚ we sometimes
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TYBcom-Year 2012-13 Assignment 2- Total 10 Marks Marks for each topic Topics I) AUDITING 5) 1 (a) Explain how would you vouch Scrap Sales 1 (b) How would you verify Book Debts /Debtors-1‚11‚21‚31‚41‚51‚61‚71‚81‚91 301‚291‚281‚271‚261‚251 2 (a) Explain how would you vouch Sale on Approval/Sale on Consignment 2 (b) How would you verify Stocks-101‚111‚121‚131‚141‚151‚161‚10‚20‚30 241‚231‚221‚211‚201‚191‚181‚171 3 (a) Explain how would
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PLANT GROWTH EXPERIMENT Numerous environmental variables influence plant growth. Three students each planted a seedling of the same genetic variety in the same type of container with equal amounts of soil from the same source. Their goal was to maximize their seedling’s growth by manipulating environmental conditions. Their data are shown below. Plant Seedling Mass (grams) Day 1 Day 30
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to predict the outcome in similar situations with a certain degree of accuracy (Lee & Baskerville‚ 2003). In order to increase our confidence in the generalizability of a study‚ it would have to be repeated with the same program but different test subjects in different settings and yield similar results. Type I Error - Errors in research are important; not always will a researcher get everything he is looking for without issues along the way. Type I error occurs when the null hypothesis is falsely
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Types of Descriptive Research Methods One of the goals of science is description (other goals include prediction and explanation). Descriptive research methods are pretty much as they sound — they describe situations. They do not make accurate predictions‚ and they do not determine cause and effect. There are three main types of descriptive methods: observational methods‚ case-study methods and survey methods. This article will briefly describe each of these methods‚ their advantages‚ and their
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questionnaire the guess‚ age‚ and gender facets. 3) Choose a reasonable sample size of people and ask them to fill out the ballots. 4) Recollect the questionnaires and enter the data into Excel. 5) Sample the guesses into 5 groups utilizing the bootstrapping method found within statistics. 6) Plot the results of the bootstrapped data and the data obtained from the other facets from the questionnaires. Draw conclusions. In Step 1‚ put an undetermined amount of jellybeans in the jar to ensure you didn’t know
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Research Methods There are two categories of research methods: qualitative and quantitative. Quantitative data collection usually involves numbers‚ graphs and charts‚ whereas‚ qualitative data collection methods deals with feelings and other non-quantifiable elements. The most popular qualitative methods of data collection and analysis in business studies are interviews‚ focus groups‚ observation‚ case studies‚ games and role playing etc. Popular quantitative methods of data collection and analysis
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Describe how to deal with disagreements between children and young people Allow the children to speak their mind‚ and listen attentively. Ensure the children cannot hear the other person speaking. Bring them together to ask appropriate questions about the event. Encourage them to understand each point of view. Encourage them to apologise and rectify ths disagreement. If the case is too serious‚ involve another member of staff who can deal with the case in much detail.Describe how to deal
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