+1-415-670-9189
info@expertsmind.com
Forecasting and business analysis
Course:- Business Management
Reference No.:- EM13347




Assignment Help
Assignment Help >> Business Management

A not-for-profit organization entitled "People for a Return to Family Values" (PERFAVAL) have produced a policy report wherein they claim that families who eat meals together on a regular basis are more likely to be successful in "all realms of life." Leaving aside the question of whether eating together helps people bond emotionally, you know of many people who do not share meals regularly with their families, and yet have high incomes. During the upcoming teaching break, you decide to do some research for fun. Unfortunately, you fail to find any Australian data that contain both information on economic success and information on eating together, but you finally find (on http://www.bls.census.gov/spd/) the 2002 iteration of an American survey called the Survey of Program Dynamics (SPD) that appears to have both sorts of information. You note that the survey design specifically over-samples low-income families. Your research question is as follows: Using this sample, is there empirical evidence to support the assertion that people who take meals together with their family have higher wages than those who do not?

avgwage - Average hourly wage of a person (across all jobs held, and weighted by hours worked in each job).

bfast - Captures how often the person's family eats breakfast together, taking a value of 1 if never; 2 if 1 to 2 times per week; 3 if 3 to 6 times per week; and 4 if every day.

dinner - Captures how often the person's family eats dinner (that is, the last substantial meal of the day, sometimes known in Australia as "tea") together, taking a value of 1 if never; 2 if 1 to 2 times per week; 3 if 3 to 6 times per week; and 4 if every day.

age - Age of the person, in years.

lang - Dummy indicator for whether the person speaks a language other than English, taking a value of 1 if yes, and 0 if no.

female - Dummy indicator for whether the person is female, taking a value of 1 if yes, and 0 if no.

numper - Number of persons resident in the person's household.
married - Dummy indicator for marital status, taking a value of 1 if married, and 0 otherwise (i.e., divorced, widowed, separated, or never married).

healthy - Dummy indicator for whether the person reports him or herself to be of "good" or "very good" health, taking a value of 1 if yes, and 0 otherwise.

bfast1-bfast4 - Dummy indicators for each value of bfast.

dinner1-dinner4 - Dummy indicators for each value of dinner.

Goals

Development of understanding about how a research question is converted into an empirical action plan.

Development of quantitative analytical skills.




Put your comment
 
Minimize


Ask Question & Get Answers from Experts
Browse some more (Business Management) Materials
What Are Comparable Real Salaries? A job paid $50000 in 2002. The CPI in 1960 was 29.6, compared to 179.9 in 2002. In 1960, what salary would be comparable to 2002's $50000
What is the third quartile for the mileage driven by this professor each week? Put only a number (to 2 decimal places) in the box, no symbols or letters. Show your calculati
Take one of the following scenarios and evaluate the possible approaches. Also, consider whether they would be handled differently on a collocated team or on a virtual team.
Your task is to first distill the business requirements (e.g. facts, terms, and/or business rules) out of the narrative.  You may need to make assumption of what exactly the
The richest 1% now own more than the rest of the world's population. In what way is this a failure of managing objectives both in the UK and globally? Use the balanced s
In a 500 to 1000 word narrative, describe the new types of marketing communications available on the web, describe their advantages or disadvantages, and outline their cha
Need a PPT presentation with the top 25, most frequent sales objections confronted by salespeople from customers and the best answer on how to overcome each objection in sel
Maintenance costs are $200 and will be incurred every year beginning 5 years or 7 years from today with equal probability. If the market rate is 10%, what is the EXPECTED eq