change radio button value via jquery code example

Example 1: on radio button change jquery

$('input[type=radio][name=bedStatus]').change(function() {
    if (this.value == 'allot') {
        alert("Allot Thai Gayo Bhai");
    }
    else if (this.value == 'transfer') {
        alert("Transfer Thai Gayo");
    }
});

Example 2: jquery set radio button value

$('#' + newcol).prop('checked',true);