Continuous probability distribution

Wealth inequality, or the unequal distribution of wealth, is a heavily debated topic in the United States, a nation that, according to Inequality.org, “exhibits wider disparities of wealth between rich and poor than any other major developed nation.” To some, like Supreme Court Justice Louis Brandeis, “we can either have democracy in this country or we can have great wealth concentrated in the hands of a few, but we can’t have both;” to others, wealth equality is a form of socialism. The…

Explore Correlation and Regression Using the explore function within SPSS gives a clearer view of how the data is represented. The explore function helps to assess the variables within the investigation by visually identifying various aspects of the data, therefor revealing the true nature of the data (Field, 2013). For example, the data in the Chamorro-Premuzic.sav file can be evaluated in a number of ways, for example analyzing the data based on the gender grouping allow one to visualize the…

= 3.16+2(.319)=3.80 3.16 < µ < 3.80 Problem 5.31 The figure provided in problem 5.31, shows the probability density of colony diameters (in mm) in a hypothetical population of Paenibacillus bacteria (Whitlock and Schluter, 2015, pg 146). In the examples, a single colony is randomly sampled form the population. Since the probability is a bell-shape, the hypothetical population is a normal distribution. (Figure re-created using Microsoft Word shapes and…

be the case. Poverty rates can either increase or decrease depending on rising income inequality, income growth, and changes in the educational levels, family structure, and prejudice terms. The United States has one of the most unequal income distributions in the developed world; “even after taxes and social-welfare policies are taken into account” (Drew Desilver). Income is one of the top ways people measure “economic inequality”. The United States is ranked tenth in income inequality compared…

Analysis of Galvanized Nails, Quality Control, and Green Chemistry Introduction: In this lab, we handled acidic chemicals that needed to be disposed of upon completion of the lab. We disposed of these chemicals according to safety policies and green chemistry policies. Green Chemistry is the practice of chemistry in an environmentally safe way to prevent pollution. We used green chemistry to minimize the amount of waste we were to be creating. We ended up creating waste from degalvanizing…

The Income and Wealth Inequality of America As a capitalist nation, the United State of America is facing a serious problem, which is the inequality of wealth and income. In pace with the growth of the economy, the rich people are getting richer and the poor people are getting poorer. The gap between the rich and poor is widening unprecedentedly fast. Why is that happening? Most of the rich people believe the strategy of trickle down economic. When their corporations earn money, and they can…

Boldly stated within a viral video titled "Wealth Inequality in America" is that "[most people] certainly don 't have to go as far as Socialism to find something that is fair for hardworking Americans," a statement that colorfully highlights one of the largest issues in America today: the wealth gap. Using statistics, the creator of the video proves that the saying “While the rich get richer, the poor get poorer” is true; as the rich are given an excess of opportunities to gain more money, the…

factor discussed was the discovery that computations can be utilized to measure observational error, by and astronomer, Lambert Adolphe Quetelet. This discovery led to the development of the normal distribution curve utilized today (Cowles & Davis, 2016). Following the development of the normal distribution curve, a measure of variability known as probable error was discovered (Cowles & Davis, 2016). This discovery was the second factor mentioned by Cowles and Davis (2016) that contributed to…

Purpose of assessments: The assessments that Sean took was for class credit. Sean is currently enrolled in Counseling 428 Measurement issues in Counseling where he was required to take three different assessment for college credit. This assessment activities included talking assessment, and scoring the different assessments. Background: Sean is currently a student at California University Los Angeles where he is majoring in Rehabilitation Services. In this major he had to take a Career…

The Relation of Work, Wealth, and Interdependence Everyone knows that the harder one works the wealthier they will be. The logic makes sense, people who are lazy and do little work won’t do their job, and therefore won’t become wealthy. When a person works hard it makes sense that they will earn a lot of money. This means that work and wealth are directly related, as one increases so does the other. Even though it is commonly believed that wealth is acquired by hard work there are some people…