Use the data named GDP_2019.xlsx uploaded in the Final Exam…
Use the data named GDP_2019.xlsx uploaded in the Final Exam folder on Blackboard. Use the [Data] table.Step 1: Winsorize variable GDP at the 5% and 95% levels, and label the winsorized variable GDP_WinsorizedNote: use Excel function PERCENTILE.EXC when calculating the 5% and 95% cutoff values. Answer Questions 47-50.What is the mean for GDP_Winsorized?
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Use the dataset named Purchase_Orders.xlsx and answer Questions 15-19. This dataset contains observations for purchase orders. You are interested in identifying some high-risk observations for purchase order amount [PO_Amount] using the Benford’s law analysis. Extract the leading significant digit of [PO_Amount] and compare the distribution with the prediction under Benford’s law. Answer Questions 35-39 using results from your analysis.What is the number of observations in [PO_Amount] with significant leading digit equal to 3?
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Choose ONE of the following questions and write a thorough, complete response. It is important to include all details relevant to the question. Too much is far better than too little. 1. Define Festinger’s concept of cognitive dissonance. Also, describe how to reduce dissonance. OR 2. List and describe the Big Five factors of personality.
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