For Dr. Samuelson

One-Way Analysis of Variance with SPSS

As you work through this SPSS exercise, consider the application of the one-way ANOVA test to your research topic. Is it an appropriate test for your research?

To prepare for this Application:

  • Review Lessons 25 and 27 in the course text Using SPSS for Windows and Macintosh: Analyzing and Understanding Data.
  • Review the video program for this week, located in the Learning Resources.
  • Read the ANOVA/MANOVA section of the StatSoft Electronic Textbook at http://www.statsoft.com/textbook/.
  • Access the gss04student_corrected dataset in the Course Information area of the classroom to use for this Application

The assignment:

  • Craft up to a one page double-spaced write up of the statistical results (include any additional pages needed for any APA tables or graphs and the SPSS syntax and output) in which you do the following:
    • State the statistical assumptions of this test.
    • Select an independent variable with three or more levels and a dependent variable.
    • Develop the null hypothesis and the alternative hypothesis for main effects.
    • Using SPSS, calculate an ANOVA. Include a post hoc test.
    • Report on the p value and the confidence interval.
    • Interpret the confidence interval.
    • Decide whether to reject or retain the null hypothesis based on main effects and/or post-hoc statistical tests.
    • Generate syntax and output files in SPSS. You will need to copy and paste these into your Application document.
    • Based on your SPSS analysis, report the results using correct APA format. Include results for post hoc tests where appropriate. Your report should include the following:
      • SPSS syntax and output files
      • ANOVA table

 

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Answer the following question:
HOW DO YOU THINK COVID-19 WILL AFFECT SCALEUPS? WHICH OF THE INDUSTRIES THAT WE HAVE DISCUSSED  IN  THE SESSION WILL BE THE MOST AFFECTED?
Please support the reasons why covid-19 will affect scaleups. Regarding the industries,
The industries can be: artificial intelligence, automotive, augmented and virtual reeality, bitcoin and blockchain, cybersecurity, financial services. Choose ONE of this industries and explain why is it going to be the most affected industry.
There should NOT be additional resources. You  can do research and base it in your words.

Please develop this task as if  you were “answering an email”. No resources, just answer explaining why you think covid will affect scaleups (based on research) and which one is going to be the most affected industry.

Find at least one example of bias by one of the jurors. Find one example of inductive reasoning and one example of deductive reasoning. Make sure your examples of induction and deduction have premises and a conclusion. Use one of the valid argument forms, modus ponens, modus tollens, hypothetical syllogism. or disjunctive syllogism to express the deductive inference. If you get confused, ask about in on the open forum.

And here is the link to the video: https://archive.org/details/12AngryMen1957

Answer doesn’t have to be long just 3 to 5 sentences long that’s all

 

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INSTRUCTION: Each reply must be 130 words or more and include direct questions.ORIGINAL DISCUSSION QUESTION: Fixed costs are often defined as “fixed over the short run.” Does this mean that they are not fixed over the long run? Why or why not? What is the difference between short-run and long-run decisions? Give an example of each. Post must be 380 words or more (not including references).

STUDENT 1: Robert

Fixed over the short run is a fixed cost that does not change based on the level of production. Fixed costs are the costs that cannot be altered (Khan Academy, n.d.). Production can be increased if the marginal cost is less than the marginal revenue. The short run can have fixed and variable costs, the long run has no fixed runs.

Difference between the short-run and long-run decisions are that long-run cost is variable and can be adjusted. The short run is able to adjust prices through production levels (Khan Academy, n.d.). No fixed costs in the long run; short run has both fixed and variable factors. The long run will include price level, contractual wages, and expected adjustments per the economy (Lumen, n.d.). The short run cannot always adjust as the time may be too short for adjusting. The short-term costs can determine if the firm will meet its future production and/or financial goals (Lumen, n.d.).

Time is the difference between the short run and the long run decisions. As the short run does not consider the time or money involved. The long run would consider the time and money involved. In the long run, the business will fail if all the costs are not covered.

Examples:

Short run: with fixed and variable could be that a new building is going up and the capital is fixed for the year and variable is the number of laborers needed.

Long run: is the variable amounts changing. The price levels and wage rates change with the state of the economy. The size of the building can change.

-Robert

References

Khan Academy. (n.d.). The Structure of Cost in the Short Run. Retrieved from https://www.khanacademy.org/economics-finance-doma…

Lumen. (n.d.). Boundless Economics. Production Costs. Retrieved from https://courses.lumenlearning.com/boundless-econom…

STUDENT 2: Amanda

Hello everyone,

Fixed costs are opposite of variable costs. Fixed costs stay the same regardless of changes in demand whereas variable costs vary depending on factors such as demand. With fixed costs often being defined as “fixed over the short run” I would say that this does mean that these costs are not fixed over the long run. There are two statements in the textbook that helped me make this decision: “a fixed cost is fixed only in relation to a given wide range of total activity or volume (at which the company is expected to operate) and only for a given time span (usually a particular budget period)” and “fixed costs may change from one year to the next” (Horngren, C., Datar, S., and Rajan, M., 2013).

I had a little more trouble in differentiating short-run decisions and long-run decisions in terms of fixed costs. From previous courses I would say the short-run is a year out with some exceptions and anything further out would be long-run. However, this is more about financial statements than it is about decision making. So, as I was doing a little research, I came across mostly economic differentiations which seemed to make more sense to me. What made the most sense to me was a statement made by Mike Moffatt: “In the study of economics, the long run and the short run don’t refer to a specific period of time, such as five years versus three months. Rather, they are conceptual time periods, the primary difference being the flexibility and options decision-makers have in a given scenario” (2018).

Even though I feel like I understand the difference between short run and long run decisions, when it came to come up with an example of each, I wasn’t entirely sure I really understand. An example of a short run decision would be labor needed. An example of a long run decision would be choosing whether or not to buy another building.

– Amanda

References

Horngren, C., Datar, S., and Rajan, M. (2013). Cost accounting. (15th ed.). Retrieved June 10, 2019 from https://online.vitalsource.com/#/books/97813234844….

Moffatt, M. (2018). The short run vs. the long run in microeconomics. Retrieved June 10, 2019 from https://www.thoughtco.com/the-short-run-vs-long-ru….

 

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