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In a published study the author has presented a scatter plot of data with a line drawn through the data points. this line is describded as the best fitting line based on least squared error. What is meant by least square error in this context?
Statistics and Probability, Statistics
Your bank has $153 million in loan commitments which are now being drawn upon. You aren't sure, but you are beginning to think that the bank may have some problems now. What sort of risk are you connected about, and how ...
In a large university, 68% of students live in dormitories. A random sample of 14 students is selected. What is the probability that the sample contains more than five students who do not live in the dormitories?
Explain the similarities and differences between "bagging" and "boosting" in predictive analytics.
Toy wooden blocks are packaged in bags of 9. One bag contains 6 maple blocks and 3 birch blocks, while a second bag contains 5 maple blocks and 4 birch blocks. One block is drawn from the first bag and placed into the se ...
Assume that the significance level is alpha equals α=0.05. Use the given statement and find the? P-value and critical? value(s). The test statistic of z equals = -1.53 is obtained when testing the claim that p= 1/6 P-val ...
The lifetime of a particular type of light bulb are approximately normally distributed with a mean of 1200 hours and a standard deviation of 140 hours. a) Find the probability that a randomly chosen bulb will burn longer ...
You are working with a MOE of +/-4% and a confidence level of 95%. P and Q =.50, and your CPI is $25.00. The company you work for needs to make a decision as to whether they may need different advertising for men and wom ...
Researchers randomly assigned 25 beginning students of Russian to begin speaking practice immediately and another 25 to delay speaking for 4 weeks. At the end of the semester both groups took a standard test of comprehen ...
You invested $7,900 one year ago. Today it is worth $8,654.90. What annual rate of interest did you earn? [use annual compounding]
Suppose a soft drink company want to perform a taste test on 5 brands of diet cola. How many permutations are there for presenting 5 diet colas to test subjects?
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Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate
Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p
Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As
Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int
Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As