Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

L Question 2 Sally has collected some data about the student's attitude toward risk-taking. Three of the completed questionnaires can be found in the Appendix.

L Question 2 Sally has collected some data about the student's attitude toward risk-taking. Three of the completed questionnaires can be found in the Appendix. 1 a. Create a new SPSS data file to store the data collected from the 3 completed questionnaires. In your data file, you have to define the variable name, variable label, variable value, value label, and measurement scale. b. Compute a new variable "risk-taking" by summing up the scores from items 1 to 3 in Part I. Using SPSS and the data file you created, answer the following questions: a. Find the (i) Mean, (ii) SD and (iii) Variance for age, items 1 to 3, and risk-taking. Copy and paste the relevant table(s) from the SPSS output on your answer sheet. b. Transform the scores of items 1 to 3 so that the transformed scores will be ranged from -2 = strongly disagree to 2 = strongly agree. Find the (i) Mean (ii) SD and (iii) Variance of the transformed scores of items 1 to 3. c. Compare the answers in (a) and (b), what conclusion can you draw about the change in mean and variance when a constant, b is added to every score of X (i.e. X+ b)? d. Transform the scores of items 1 to 3 so that the transformed scores will be equal to 2 times the original score. Find the (i) Mean (ii) SD and (iii) Variance of the transformed scores of items 1 to 3. Copy and paste the relevant table(s) from the SPSS output on your answer sheet. e. Compare the answers in (a) and (d), what conclusion can you draw about the change in mean and variance when every score of X are k times larger than the original score (i.e. kX)? Appendix Part I Please indicate your agreement with each statement. Identification No.: 008 (1=Strongly Disagree; 2 = Disagree; 3 = Neutral; 4 = Agree; 5 = Strongly agree) 1. I'd rather take risks than be overly cautious. 1 3 4 5 2. I love to take risks even when there is a small chance the result could be 1 negative. 4 5 1 2 3 4 5 3. I value having fun more than being safe.. Part II: Demographic Information Identification No.: 014 Part I Please indicate your agreement with each statement. 1. I'd rather take risks than be overly cautious. (1=Strongly Disagree; 2 = Disagree; 3 = Neutral; 4 = Agree; 5 = Strongly agree) 1 2 3 4 2. I love to take risks even when there is a small chance the result could be negative. 1 2 3 5 3. I value having fun more than being safe. 1 2 3 4 5 Part II: Demographic Information

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Sap Fixed Assets Accounting

Authors: Jorg Siebert, Dieter Schlagenhauf

1st Edition

1497314380, 978-1497314382

More Books

Students also viewed these Accounting questions

Question

Write a Python program to check an input number is prime or not.

Answered: 1 week ago

Question

Write a program to check an input year is leap or not.

Answered: 1 week ago