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Q: How is it that business researchers can justify treating a seven point Likert scale as interval?
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What does justify your selection mean?

This statement means that you need to justify the choice of your selection. For example, if you choose a specific type of variable i.e., nominal, interval, etc. You need to show proof as to how you can statistically justify why you choose this particular variable. How can you justify the outcome of this type of variable chosen.


What is the stale evidence is a problem only for probable cause to?

Justify


A recent survey of 50 executives who were laid off from their previous position revealed it took a mean of 26 weeks for them to find anoher positio the standard deviation of the sample was 6.2 weeks?

A recent survey of 50 executives who were laid off from their previous position revealed it took a mean of 26 weeks for them to find anoher positio. the standard deviation of the sample was 6.2 weeks. construct a 95 % confidence interval for the population. Is it reasonable that the population mean is 28 weeks? Justify your answer


How can you justify that a DBMS is better to use than Flat-file database?

A DBMS offers quicker access to the data within the database, particularly with larger datasets. It also makes updates to the data easier.


When you introduce more than one independent variable into a linear regression analysis?

Generally, when the dependent variable appears to be the result of more than one independent variables, a multiple regression model may be suitable. It is difficult to justify adding an additional variable, that does not significantly reduce the residual error of the fit. The setting of thresholds to justify addition of variables is in the area of "stepwise regression." The data must be adequate and consistent with the assumption of independent variables. I note from the first related link: Most authors recommend that one should have at least 10 to 20 times as many observations (cases, respondents) as one has variables, otherwise the estimates of the regression line are probably very unstable and unlikely to replicate if one were to do the study over. See related links. Many more are available in the Internet. Also, many books have been written on the multiple regression- proper and improper use.

Related questions

Business communication is often termed as the lifeblood of business concern justify this statement with an example?

Business communication is often termed as the lifeblood of business concern justify this statement with an example?


What is the conceptualization phase of business research?

Conceptualization engages researchers in identifying a problem or topic worth studying, reviewing relevant literature to justify the need for the research, defining the purpose of the research, and phrasing the problem in writing.


What does justify your selection mean?

This statement means that you need to justify the choice of your selection. For example, if you choose a specific type of variable i.e., nominal, interval, etc. You need to show proof as to how you can statistically justify why you choose this particular variable. How can you justify the outcome of this type of variable chosen.


How could a business justify higher prices?

Depends on the business and demand.


What are three reasons to justify a business location?

marketing


How did colonists in Virginia justify treating their slaves like property?

By passing laws that gave blacks an inferior status


3 reasons to justify a business location?

target marketing,parking availiabilty


What was the theory of social Darwinism often used to justify?

formation of business monopolies


The main aim of any business is to maximization profit it has nothing to social responsibilties do you agree with this statiment or not justify?

no


Does supporting philanthropy justify the aggressive business practices that generate fortunes for charity?

Good question! I'd say no.


Is it possible for a business to over segment its market?

Yes. They can design products around too many segments and not have enough business in any of them to justify the costs of such a complex product line.


Andrew Carnegie would most likely have invoked which argument to justify his business practices?

Monopoly better enabled the right business leaders to provi fair wages and prices