In class we said that we wanted to find a way to draw a line that was "close" to the data and decided that minimizing the sum of squared residuals was an appealing way to do that. We needed to find a way to calculate the intercept and slope from our sample data that will minimize the sum of squared residuals and get us a line that will be "close" to our data. We went through the derivation of formulas for our OLS estimators β^0 and β^1. but left out some of the calculus and algebra steps. Derive the estimators here and please show your work. Hint: You are going to use the chain rule from calculus. Remember that ∑i=1nYi=nYˉ which is just another way of writing the definition of an average n1∑i=1nYi=Yˉ

Answers

Answer 1

OLS estimator for β^0 (intercept): β^0 = Yˉ - β^1(Xˉ)

OLS estimator for β^1 (slope): β^1 = (∑i=1nXi(Yi - Yˉ))/(∑i=1nXi(Xi - Xˉ))

To derive the Ordinary Least Squares (OLS) estimators for the intercept (β^0) and slope (β^1), we need to minimize the sum of squared residuals. Let's go through the derivation step by step:

1. Start with the equation of a simple linear regression model:

  Yi = β^0 + β^1Xi + εi

 

  Where:

  - Yi is the observed value of the dependent variable for the ith observation.

  - Xi is the observed value of the independent variable for the ith observation.

  - β^0 is the intercept (to be estimated).

  - β^1 is the slope (to be estimated).

  - εi is the error term for the ith observation.

2. The sum of squared residuals (SSR) is given by:

  SSR = ∑i=1n(Yi - β^0 - β^1Xi)^2

 

  We want to minimize SSR by finding the values of β^0 and β^1 that minimize this expression.

3. To find the estimators, we differentiate SSR with respect to β^0 and β^1 and set the derivatives equal to zero.

  ∂SSR/∂β^0 = -2∑i=1n(Yi - β^0 - β^1Xi) = 0   (Equation 1)

  ∂SSR/∂β^1 = -2∑i=1nXi(Yi - β^0 - β^1Xi) = 0   (Equation 2)

4. Simplifying Equation 1:

  ∑i=1n(Yi - β^0 - β^1Xi) = 0

  ∑i=1nYi - nβ^0 - β^1∑i=1nXi = 0

5. Rearranging Equation 4:

  nβ^0 = ∑i=1nYi - β^1∑i=1nXi

  β^0 = Yˉ - β^1(Xˉ)   (Equation 3)

  Where:

  - Yˉ is the average of the dependent variable (sum of Yi divided by n).

  - Xˉ is the average of the independent variable (sum of Xi divided by n).

6. Substituting Equation 3 into Equation 2:

  -2∑i=1nXi(Yi - Yˉ + β^1(Xi - Xˉ)) = 0

  ∑i=1nXi(Yi - Yˉ) + β^1∑i=1nXi(Xi - Xˉ) = 0

7. Simplifying Equation 6:

  ∑i=1nXi(Yi - Yˉ) = -β^1∑i=1nXi(Xi - Xˉ)

  β^1 = (∑i=1nXi(Yi - Yˉ))/(∑i=1nXi(Xi - Xˉ))   (Equation 4)

8. Equations 3 and 4 provide the OLS estimators for β^0 and β^1, respectively, which minimize the sum of squared residuals.

In summary:

- OLS estimator for β^0 (intercept): β^0 = Yˉ - β^1(Xˉ)

- OLS estimator for β^1 (slope): β^1 = (∑i=1nXi(Yi - Yˉ))/(∑i=1nXi(Xi - Xˉ))

Note: Yˉ represents the average of the dependent variable

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Related Questions

A total of $50,000 is to be invested, some in bonds and some in certificates of deposit (CDs). If the amount invested in bonds is to exceed that in CDs by $1,000, how much will be invested in each type of investment? The amount invested in CDs is $ The amount invested in bonds is $

Answers

The amount invested in CDs is $24,500 and the amount invested in bonds is $25,500.

Let's represent the amount invested in CDs as "x".

Given that the amount invested in bonds is to exceed that in CDs by $1,000.

Therefore, the amount invested in bonds is "x + $1,000".

The sum of the amounts invested in CDs and bonds is equal to $50,000.x + (x + $1,000)

= $50,0002x + $1,000 = $50,0002x = $50,000 - $1,0002x = $49,000x = $24,500.

Therefore, the amount invested in CDs is $24,500 and the amount invested in bonds is $25,500 (x + $1,000).

Thus, the amount invested in CDs is $24,500 and the amount invested in bonds is $25,500.


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A. Find the parametric form for the plane containing the points
(1, -2, 1), (0, 5, 3) and (2, 4, 7)
B. Find the normal form ax + by + cz = d for the plane
containing the points (1,-2,1), (0, 5, 3) and

Answers

If the points are (1, −2, 1), (0, 5, 3) and (2, 4, 7), then the parametric form for the plane is -40x-8y+43z=-11 and the normal form ax+by+cd=d for the plane is -40x-8y+43z=65.

a) To find the parametric form of the plane, follow these steps:

We use any two points to find the direction vectors and then the cross product of the direction vectors will give us the normal vector of the plane.To get two vectors, we take two points (1, −2, 1) and (0, 5, 3)  on the plane, the direction vector is [tex]\vec{v1}=\begin{pmatrix}0-1\\5-(-2)\\3-1\end{pmatrix}=\begin{pmatrix}-1\\7\\2\end{pmatrix}[/tex]Similarly, we take two points (1, −2, 1) and (2, 4, 7), the direction vector is [tex]\vec{v2}=\begin{pmatrix}2-1\\4-(-2)\\7-1\end{pmatrix}=\begin{pmatrix}1\\6\\6\end{pmatrix}[/tex]The normal vector of the plane is the cross product of v1 and v2, that is [tex]\vec{n}=\vec{v1} \times \vec{v2}=\begin{pmatrix}-1\\7\\2\end{pmatrix} \times \begin{pmatrix}1\\6\\6\end{pmatrix}[/tex]. By calculating this cross product we get,[tex]\vec{n}=\begin{pmatrix}-40\\-8\\43\end{pmatrix}[/tex]. Now, we can write the equation of the plane as [tex]\vec {r}.\vec{n}= d[/tex] where d is the distance of the plane from the origin. To find d, we substitute the coordinates of any one point, say (1, −2, 1), we get, [tex]\begin{pmatrix}1\\-2\\1\end{pmatrix} . \begin{pmatrix}-40\\-8\\43\end{pmatrix}=d \Rightarrow -40+16+43=d \Rightarrow d=-11[/tex]. Hence the equation of the plane in vector form is, [tex]\begin{pmatrix}x\\y\\z\end{pmatrix}.\begin{pmatrix}-40\\-8\\43\end{pmatrix}=-11 \Rightarrow -40x-8y+43z=-11[/tex]

b) To find the normal form, follow these steps:

The normal form is ax+by+cz=d. Substituting the coordinates of any one point (1, −2, 1), we get the value of d as, -40(1)-8(-2)+43(1)=65. The equation of the plane in the normal form is, -40x-8y+43z=65. Hence, the normal form is -40x-8y+43z=65.

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Rewrite the statements using set notation, and then describe each set by listing its members. (a) A is the set of natural numbers greater than 107 and smaller than 108.

Answers

(a) A can be represented using set notation as A = {x | x ∈ ℕ, 107 < x < 108}. In set notation, we can define set A as the set of natural numbers (denoted by the symbol ℕ) that are greater than 107 and smaller than 108.

In set notation, we use curly braces {} to define a set. The vertical bar | is read as "such that" and is used to specify the condition or properties that elements of the set must satisfy.

The notation "x ∈ ℕ" indicates that x is an element belonging to the set of natural numbers. The colon ":" separates the variable x from the condition that defines the elements of the set.

In this case, the condition is "107 < x < 108," which specifies that x must be greater than 107 and smaller than 108. A is the set of natural numbers (denoted by the symbol ℕ) that are greater than 107 and smaller than 108.

The set A can be described as the set of natural numbers greater than 107 and smaller than 108. Its members are the natural numbers 108, 109, 110, ..., up to but not including 108, where the range extends up to the largest possible natural number, which is 2147483647.

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Transform the following system of linear differential equations to a second order linear differential equation and solve. x′=4x−3y
y′=6x−7y

Answers

The solution to the given system of linear differential equations after transforming them to second order linear differential equation and solving is given as x(t) = c₁e^((-1+2√2)t) + c₂e^((-1-2√2)t) and y(t) = c₃e^(√47t) + c₄e^(-√47t)

Given system of linear differential equations is

x′=4x−3y     ...(1)

y′=6x−7y     ...(2)

Differentiating equation (1) w.r.t x, we get

x′′=4x′−3y′

On substituting the given value of x′ from equation (1) and y′ from equation (2), we get:

x′′=4(4x-3y)-3(6x-7y)

=16x-12y-18x+21y

=16x-12y-18x+21y

= -2x+9y

On rearranging, we get the required second order linear differential equation:

x′′+2x′-9x=0

The characteristic equation is given as:

r² + 2r - 9 = 0

On solving, we get:
r = -1 ± 2√2

So, the general solution of the given second order linear differential equation is:

x(t) = c₁e^((-1+2√2)t) + c₂e^((-1-2√2)t)

Now, to solve the given system of linear differential equations, we need to solve for x and y individually.Substituting the value of x from equation (1) in equation (2), we get:

y′=6x−7y

=> y′=6( x′+3y )-7y

=> y′=6x′+18y-7y

=> y′=6x′+11y

On substituting the value of x′ from equation (1), we get:

y′=6(4x-3y)+11y

=> y′=24x-17y

Differentiating the above equation w.r.t x, we get:

y′′=24x′-17y′

On substituting the value of x′ and y′ from equations (1) and (2) respectively, we get:

y′′=24(4x-3y)-17(6x-7y)

=> y′′=96x-72y-102x+119y

=> y′′= -6x+47y

On rearranging, we get the required second order linear differential equation:

y′′+6x-47y=0

The characteristic equation is given as:

r² - 47 = 0

On solving, we get:

r = ±√47

So, the general solution of the given second order linear differential equation is:

y(t) = c₃e^(√47t) + c₄e^(-√47t)

Hence, the solution to the given system of linear differential equations after transforming them to second order linear differential equation and solving is given as:

x(t) = c₁e^((-1+2√2)t) + c₂e^((-1-2√2)t)

y(t) = c₃e^(√47t) + c₄e^(-√47t)

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Determine if each are true or false. True f(2)=5 True f(-6)-f(-3)=6 False The domain is (-6,2] False f(-1)=-3 False The range is [-1,5)

Answers

The statements are: True, True, False, False, False.

1. The statement f(2) = 5 is true if the function f evaluates to 5 when the input is [tex]2[/tex].

2. The statement f(-6) - f(-3) = 6 is true if the difference between the values of f at -6 and -3 is 6.

3. The domain refers to the set of all possible input values for the function. The statement that the domain is (-6,2] is false because it should include all real numbers from -6 to 2, including -6 and 2. The correct notation would be [-6,2].

4. The statement f(-1) = -3 is false if the value of the function at -1 is not equal to -3.

5. The range refers to the set of all possible output values of the function. The statement that the range is [-1,5) is false if there is at least one value outside of that interval included in the range.

To determine the truth or falsehood of these statements, you would need the specific function definition or additional information about the function's behavior.

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Use the given conditions to write an equation for the line in point-slope form and general form. Passing through (−1,6) and parallel to the line whose equation is 2x−9y−7=0 The equation of the line in point-slope form is y−6= 2/9 (x+1). (Type an equation Use integers or fractions for any numbers in the equation) The equation of the line inf Jenerai form is =0 (Type an expression using x and y as the variables. Simplify your answnt Use integers or fractions for any numbers in the expression )

Answers

To find the equation of a line passing through (-1,6) and parallel to the line 2x - 9y - 7 = 0, we used the fact that parallel lines have the same slope. By determining that the slope of the given line is 2/9, we were able to write the equation of the desired line in point-slope form and then convert it to general form as 2x - 9y + 56 = 0. To find the equation of a line passing through (-1,6) and parallel to the line 2x - 9y - 7 = 0, we can use the fact that parallel lines have the same slope.

The given line has the equation 2x - 9y - 7 = 0. We can rewrite it in slope-intercept form:

2x - 7 = 9y

y = (2/9)x - 7/9

From this equation, we can see that the slope of the given line is 2/9.

Since the desired line is parallel to the given line, it will also have a slope of 2/9.

Using the point-slope form of a line, we can write the equation of the line passing through (-1,6) with a slope of 2/9:

y - 6 = (2/9)(x - (-1))

Simplifying:

y - 6 = (2/9)(x + 1)

This is the equation of the line in point-slope form.

To convert it into general form, we can multiply through by 9 to eliminate the fraction:

9y - 54 = 2(x + 1)

Expanding:

9y - 54 = 2x + 2

Moving all terms to one side:

2x - 9y + 56 = 0

So, the equation of the line in general form is 2x - 9y + 56 = 0.

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An integer-valued random variable, N, has distribution such that P[N≥n]=(1−q) n−1
for n≥1. - Derive E[N] - Evaluate Var[N]

Answers

Using the formula of the sum of a geometric progression, we get:

E[N] = q/(1-q)^2Var[N] = q(1+q)/(1-q)^3

Given an integer-valued random variable, N, which has a distribution such that

P[N ≥ n] = (1-q)^(n-1) for n ≥ 1.

The task is to find out E[N] and Var[N].

E[N] Expectation or mean of random variable N is given by E[N] = Σ n * P[N = n] where Σ is the summation sign.

Using P[N = n] = P[N ≥ n] - P[N ≥ n+1], we getE[N] = Σ n * [P[N ≥ n] - P[N ≥ n+1]]

Now, P[N ≥ n+1] = (1-q)^n

Using the formula of the sum of a geometric progression, we get:

P[N ≥ n] = Σ P[N ≥ k] = Σ (1-q)^(k-1) = 1/qE[N] = Σ n * [P[N ≥ n] - P[N ≥ n+1]] = Σ n * [(1/q) - (1-q)^n]

Now, 0 < q < 1;

therefore, q^n → 0 as n → ∞

So, we have E[N] = q/(1-q)^2 Var[N]

To calculate Var[N], we will first find E[N^2]

E[N^2]: Expectation of N^2 is given by E[N^2] = Σ n^2 * P[N = n]

Using P[N = n] = P[N ≥ n] - P[N ≥ n+1], we get

E[N^2] = Σ n^2 * [P[N ≥ n] - P[N ≥ n+1]]Now, P[N ≥ n+1] = (1-q)^n

Using the formula of the sum of a geometric progression, we get:

P[N ≥ n] = Σ P[N ≥ k] = Σ (1-q)^(k-1) = 1/qE[N^2] = Σ n^2 * [P[N ≥ n] - P[N ≥ n+1]] = Σ n^2 * [(1/q) - (1-q)^n]

Now, we have E[N^2] = q(2-q)/(1-q)^3

Var[N]: Variance of N is given by Var[N] = E[N^2] - (E[N])^2

Therefore, Var[N] = E[N^2] - (E[N])^2= q(2-q)/(1-q)^3 - [q/(1-q)^2]^2= q(1+q)/(1-q)^3

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Compute ⟨(2s) 4
⟩= 2 N
∑ k=0
N

k!(N−k)!
N!

(2k−N) 4

exactly as a function of N, and compare to the expectation based on Gaussian limit of the binomial coefficient for large N.

Answers

Where [tex]x_{k}[/tex]are independent and identically distributed random variables which take on two possible values, say +1 and -1 with equal probabilities

.In this case,

[tex]\langle X \rangle=\sum_{k=0}^{N}\langle x_{k} \rangle=0[/tex]

[tex]\langle X^2 \rangle = \sum_{k=0}^{N}\sum_{j=0}^{N}\langle x_{k}x_{j} \rangle[/tex]

[tex]=\sum_{k=0}^{N}\langle x_{k}^{2} \rangle + 2\sum_{k[/tex]

Given:

[tex]\langle (2s)^4\rangle = 2N\sum_{k=0}^N\frac{k!(N-k)!}{N!(2k-N)!}(2k-N)^4[/tex]

We need to find the above equation in terms of N.

Also, we need to compare it with the expectation based on the Gaussian limit of the binomial coefficient for large N.

Solution: Using the formula,(from the third formula from this link)

[tex]\sum_{k=0}^{N}\frac{k!(N-k)!}{(2k-N)!(N!)}x^{k}y^{N-k}[/tex]

=(x+y)^{N}

where, x=y=1

Therefore,

[tex]\sum_{k=0}^{N}\frac{k!(N-k)!}{(2k-N)!(N!)}=2^{N}[/tex] and [tex]\sum_{k=0}^{N}\frac{k!(N-k)!}{(2k-N)!(N!)}(2k-N)^{4}=16N2^{N-4}[/tex]

Therefore,

[tex]\langle (2s)^4\rangle = 2N\sum_{k=0}^N\frac{k!(N-k)!}{N!(2k-N)!}(2k-N)^4[/tex]

=[tex]2N16N2^{N-4}[/tex]

=[tex]\frac{2^{N+5}}{N}[/tex]

Now, let's consider the expectation based on the Gaussian limit of the binomial coefficient for large N.

Using the central limit theorem, we can assume that the distribution of [tex]X=\sum_{k=0}^{N}x_{k}[/tex] is Gaussian in the limit of large N.

Where [tex]x_{k}[/tex]are independent and identically distributed random variables which take on two possible values, say +1 and -1 with equal probabilities

.In this case,

[tex]\langle X \rangle=\sum_{k=0}^{N}\langle x_{k} \rangle=0[/tex]

[tex]\langle X^2 \rangle = \sum_{k=0}^{N}\sum_{j=0}^{N}\langle x_{k}x_{j} \rangle[/tex]

[tex]=\sum_{k=0}^{N}\langle x_{k}^{2} \rangle + 2\sum_{k[/tex]

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What is best to represent a numerical description of a population characteristic.
a)Statistics
b)Parameter
c)Data
d)People

Answers

The best answer to represent a numerical description of a population characteristic is parameter. A parameter is a measurable characteristic of a statistical population, such as a mean or standard deviation.

A parameter can be thought of as a numerical description of a population characteristic. A parameter is a measurable characteristic of a statistical population. Parameters can be described using the sample data and statistical models. A parameter describes the population, whereas a statistic describes a sample. Parameters are calculated from populations, whereas statistics are calculated from samples.A population parameter refers to a numerical characteristic of a population. In statistical terms, a parameter is a fixed number that describes the population being studied. For example, if a researcher was studying a population of people and wanted to know the average height of that population, the parameter would be the population mean height.The parameter provides a better representation of a population than a statistic. A statistic is a numerical summary of a sample, while a parameter is a numerical summary of a population. Since a population parameter is a fixed number, it provides a more accurate representation of a population than a sample statistic.

In conclusion, a parameter is the best representation of a numerical description of a population characteristic. Parameters describe populations, while statistics describe samples. Parameters provide a more accurate representation of populations than statistics.

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Extensive experience with fans of a certain type used in diesel engines has suggested that the exponential distribution with λ=.04 hours provides a good model for time to failure. a) Sketch a graph of the density function on graph paper. b) What proportion of fans will last at least 200 hours? c) What must the lifetime of a fan be to place it among the best 5% of all fans?

Answers

a) To sketch the graph of the density function, we can use the exponential distribution formula: f(x) = λ * e^(-λx). Given λ = 0.04, the formula becomes f(x) = 0.04 * e^(-0.04x). On the x-axis, plot the time to failure (x), and on the y-axis, plot the density function (f(x)). As x increases, f(x) decreases exponentially.

b) To find the proportion of fans that will last at least 200 hours, we need to calculate the cumulative distribution function (CDF). The CDF is given by F(x) = 1 - e^(-λx). Substituting λ = 0.04 and x = 200, we get F(200) = 1 - e^(-0.04 * 200). This will give us the proportion of fans that last at least 200 hours.

c) To determine the lifetime of a fan to place it among the best 5% of all fans, we need to find the value of x such that the cumulative distribution function (CDF) is equal to 0.95. We can rearrange the CDF formula as follows: 0.95 = 1 - e^(-λx). Solve for x by taking the natural logarithm on both sides and rearranging the equation to get x = ln(0.05) / (-λ). Substituting λ = 0.04 into the equation will give us the lifetime of a fan to be among the best 5% of all fans.

In conclusion, a) sketch the graph of the density function, b) calculate the proportion of fans that will last at least 200 hours using the CDF formula, and c) determine the lifetime of a fan to place it among the best 5% of all fans using the CDF formula and the given λ value.

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Additional (Hand In): 1. Give examples of natural numbers a, b, and c with a | (bc) but a / b and ac, e c
amples
2. Find and show Euclid's proof that the number of prime integers must be infinite.

Answers

1. Examples of natural numbers that satisfy the given conditions are as follows:

Let a = 6, b = 2, and c = 3. In this case, a divides the product of b and c, as 6 divides 2 × 3 = 6. However, a is not divisible by b, as 6 is not divisible by 2. Additionally, a is not divisible by c, as 6 is not divisible by 3.

Another example is a = 10, b = 5, and c = 2. Again, a divides the product of b and c, as 10 divides 5 × 2 = 10. However, a is not divisible by b, as 10 is not divisible by 5. Similarly, a is not divisible by c, as 10 is not divisible by 2.

These examples demonstrate situations where a divides the product of b and c but does not divide either b or c individually.

2. Euclid's proof of the infinitude of prime numbers is as follows:

Euclid's proof begins by assuming the contrary, i.e., that there are only finitely many prime numbers. Let's assume the set of prime numbers as P and represent them as p₁, p₂, p₃, ..., pₙ.

Next, Euclid considers a new number q, which is equal to the product of all prime numbers in set P, plus one: q = (p₁ × p₂ × p₃ × ... × pₙ) + 1.

Now, q can either be a prime number itself or a composite number. If q is prime, then it is a prime number that is not included in the initial set of primes P, contradicting our assumption that the set of primes is finite.

On the other hand, if q is composite, it must have a prime factor. This prime factor cannot be any of the primes in set P because q leaves a remainder of 1 when divided by any prime number in P. Therefore, this prime factor must be a new prime number that is not in the initial set P, again contradicting our assumption that the set of primes is finite.

In either case, we arrive at a contradiction, proving that there must be an infinite number of prime numbers.

Euclid's proof shows that no matter how many prime numbers we have, we can always construct a new number that is either prime or has a prime factor not present in the initial set. This demonstrates the infinite nature of prime numbers.

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Boran Stockbrokers, Inc., selects four stocks for the purpose of developing its own index of stock market behavior. Prices per share for a year 1 base period, January year 3, and March year 3 follow. Base-year quantities are set on the basis of historical volumes for the four stocks. Price per Share (s) Year 1 Stock Industry Quantity Year 1 January March Year 3 Year 3 BaseY 29.50 20.75 22.50 65.00 40.0031.00 18.00 A Oil B Computer C Steel D Real Estate 100 150 75 50 49.00 47.50 29.50 4.75 6.50 Compute the price relatives for the four stocks making up the Boran index. Round your answers to one decimal place.) Price Relative Stock March Use the weighted average of price relatives to compute the January year 3 and March year 3 Boran indexes. (Round your answers to one decimal place.)

Answers

As per the concept of average, the price relatives for the four stocks making up the Boran index are as follows:

Stock A: January Year 3 - 73.88, March Year 3 - 67.16

Stock B: January Year 3 - 75.38, March Year 3 - 73.08

Stock C: January Year 3 - 82.50, March Year 3 - 73.75

Stock D: January Year 3 - 32.50, March Year 3 - 18.75

To calculate the price relatives for each stock, we need to compare the prices of each stock in different periods to the base-year price. The base-year price is the price per share in the year 1 base period. The formula for calculating the price relative is:

Price Relative = (Price in Current Period / Price in Base Year) * 100

Now let's calculate the price relatives for each stock based on the given data:

Stock A:

Price Relative for January Year 3 = (24.75 / 33.50) * 100 ≈ 73.88

Price Relative for March Year 3 = (22.50 / 33.50) * 100 ≈ 67.16

Stock B:

Price Relative for January Year 3 = (49.00 / 65.00) * 100 ≈ 75.38

Price Relative for March Year 3 = (47.50 / 65.00) * 100 ≈ 73.08

Stock C:

Price Relative for January Year 3 = (33.00 / 40.00) * 100 ≈ 82.50

Price Relative for March Year 3 = (29.50 / 40.00) * 100 ≈ 73.75

Stock D:

Price Relative for January Year 3 = (6.50 / 20.00) * 100 ≈ 32.50

Price Relative for March Year 3 = (3.75 / 20.00) * 100 ≈ 18.75

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Use the 68-95-99.7 Rule to approximate the probability rather than using technology to find the values more precisely.
The daily closing price of a stock (in $) is well modeled by a Normal model with mean $148.28 and standard deviation $3.86. According to this model, what cutoff value(s) of price would separate the following percentage?
a) lowest 0.15%
b) highest 50%
c) middle 68%
d) highest 16%
a) The cutoff value would be $
(Type an integer or a decimal rounded to the nearest cent as needed.).

Answers

The cutoff value for the lowest 0.15% of prices is $134.57.

a) To find the cutoff value that separates the lowest 0.15% of prices, we need to find the z-score such that the area to the left of it is 0.0015. Using the 99.7% rule, we know that this z-score will be less than -3. Therefore, we can use a z-score table to find that the closest z-score is -3.44.

Using the formula for standardizing a normal distribution, we have:

z = (x - mu) / sigma

where x is the cutoff value we want to find, mu is the mean, and sigma is the standard deviation. Solving for x, we get:

x = z * sigma + mu

= -3.44 * 3.86 + 148.28

= $134.57

Therefore, the cutoff value for the lowest 0.15% of prices is $134.57.

(Note: The answer was rounded to the nearest cent as requested in the question.)

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Practice matrix algebra "fake truths". For full credit, correctly indicate which problem you are solving by writing the statement you are answering (like "AB = 0 and A 6= 0,B 6= 0"). For grading purposes, please try to write the problems in the same order as listed here. The matrix 0 is the zero matrix and the matrix I is the identity matrix. For each problem find square matrices which satisfy the given conditions. You don’t have to justify how you found the matrices for each problem, but you must verify the equality with calculations in each case. Just show the matrices A, B, C and the given products. The following restrictions are required for each problem: No matrix A, B, or C can be diagonal, none can be equal or a scalar multiple of each other, and no product can be the zero matrix (except (iv)) or scalar multiple of the identity matrix (except (v)). All of the below are possible with these restrictions. 4 (a) AB 6= BA. (b) AB = BA but neither A nor B is 0 nor I, A 6= B and A, B are not inverses. (c) AB = I but neither A nor B is I. (d) AB = AC but B 6= C, and the matrix A has no zeros entries. (e) AB = 0 but neither A nor B is 0.

Answers

(a) For this, we need to satisfy the condition AB ≠ BA. The matrix A and B, satisfying the condition, can be chosen as follows: A=[10], B=[11]. Then, AB=[11] and BA=[10], which clearly shows that AB ≠ BA.

(b) For this, we need to satisfy the condition AB = BA but neither A nor B is 0 nor I, A ≠ B, and A, B are not inverses. The matrix A and B, satisfying the condition, can be chosen as follows: A=[0110], B=[0101].Then, AB=[01 11] and BA=[01 11], which clearly shows that AB = BA. Also, A ≠ B and neither A nor B are 0 or I. Moreover, we can verify that AB ≠ I (multiplication of two matrices), and A are not invertible.

(c) For this, we need to satisfy the condition AB = I but neither A nor B is I. The matrix A and B, satisfying the condition, can be chosen as follows: A=[1010], B=[0011]. Then, AB=[11 00] which is equal to I. Also, neither A nor B are I.

(d) For this, we need to satisfy the condition AB = AC but B ≠ C, and the matrix A has no zero entries. The matrix A, B, and C satisfying the condition, can be chosen as follows: A=[1200], B=[1100], and C=[1010].Then, AB=[1300] and AC=[1210]. Also, it can be seen that B ≠ C, and A have no zero entries.

(e) For this, we need to satisfy the condition AB = 0 but neither A nor B is 0. The matrix A and B, satisfying the condition, can be chosen as follows: A=[1001], B=[1100]. Then, AB=[0000], which is equal to 0. Also, neither A nor B is 0.

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A survey found that women's heights are normally distributed with mean 63.2 in. and standard deviation 3.5 in. The survey also found that men's heights are normally distributed with mean 67.6in. and standard deviation 3.1 in. Most of the live characters employed at an amusement park have height requirements of a minimum of 57 in. and a maximum of 63 in. Complete parts (a) and (b) below. a. Find the percentage of men meeting the height requirement. What does the result suggest about the genders of the people who are employed as characters at the amusement park? The percentage of men who meet the height requirement is th. (Round to two decimal places as needed.)

Answers

The percentage of men meeting the height requirement is approximately 85.72%, calculated using the z-score. The minimum height requirement is 57 inches, while the maximum height requirement is 63 inches. The probability of a randomly selected man's height falling within the range is approximately 0.8572, indicating a higher percentage of men meeting the height requirement compared to women. However, determining the gender ratio of employed characters requires a more comprehensive analysis of employment data.

Part (a):

To find the percentage of men who meet the height requirement, we can use the given information:

Mean height for men (μ1) = 67.6 in.

Standard deviation for men (σ1) = 3.1 in.

Minimum height requirement (hmin) = 57 in.

Maximum height requirement (hmax) = 63 in.

We need to calculate the probability that a randomly selected man's height falls within the range of 57 in to 63 in. This can be done using the z-score.

The z-score is given by:

z = (x - μ) / σ

For the minimum height requirement:

z1 = (hmin - μ1) / σ1 = (57 - 67.6) / 3.1 ≈ -3.39

For the maximum height requirement:

z2 = (hmax - μ1) / σ1 = (63 - 67.6) / 3.1 ≈ -1.48

Using a standard normal table, we find the probability that z lies between -3.39 and -1.48 to be approximately 0.8572.

Therefore, the percentage of men who meet the height requirement is approximately 85.72%.

Part (b):

Based on the calculation in part (a), we can conclude that a higher percentage of men meet the height requirement compared to women. This suggests that the amusement park may employ more male characters than female characters. However, without further information, we cannot determine the gender ratio of the employed characters. A more comprehensive analysis of employment data would be necessary to draw such conclusions.

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Consider the polynomial (1)/(2)a^(4)+3a^(3)+a. What is the coefficient of the third term? What is the constant term?

Answers

The coefficient of the third term in the polynomial is 0, and the constant term is 0.

The third term in the polynomial is a, which means that it has a coefficient of 1. Therefore, the coefficient of the third term is 1. However, when we look at the entire polynomial, we can see that there is no constant term. This means that the value of the polynomial when a is equal to 0 is also 0, since there is no constant term to provide a non-zero value.

To find the coefficient of the third term, we simply need to look at the coefficient of the term with a degree of 1. In this case, that term is a, which has a coefficient of 1. Therefore, the coefficient of the third term is 1.

To find the constant term, we need to evaluate the polynomial when a is equal to 0. When we do this, we get:

(1)/(2)(0)^(4) + 3(0)^(3) + 0 = 0

Since the value of the polynomial when a is equal to 0 is 0, we know that there is no constant term in the polynomial. Therefore, the constant term is 0.

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Sart the harctors belpwin increasing order of asymptotic (bg-Of growth. x 4
×5 5
Question 13 60n 2
+5n+1=θ(n 2
) thise Yiur Question 14 The theta notation of thir folliowing algorithm is. far ∣−1 ta n
for ∣+1 tai x×e+1

T(t) e\{diest (n 2
)

Answers

The characters in increasing order of asymptotic growth (big-O notation) are: 5, x⁴, 60n² + 5n + 1.

To sort the characters below in increasing order of asymptotic growth (big-O notation):

x⁴, 5, 60n² + 5n + 1

The correct order is:

1. 5 (constant time complexity, O(1))

2. x⁴ (polynomial time complexity, O(x⁴))

3. 60n² + 5n + 1 (quadratic time complexity, O(n²))

Therefore, the characters are sorted in increasing order of asymptotic growth as follows: 5, x⁴, 60n² + 5n + 1.

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What is the value of y in the solutions of the system of equations: 3x+4y=3 and 2x-4y= 12?

Answers

Answer:

3x + 4y = 3

2x - 4y = 12

----------------

5x = 15

x = 3

3(3) + 4y = 3

9 + 4y = 3

4y = -6

y = -1.5

Assume that in 2013, the average population of the United States was 316,128,839. During the same year, 28,639 new cases of pertussis were recorded.
Compute the incidence rate per 100,000.
What is the major assumption for using IR?
List the properties of IR.

Answers

The incidence rate per 100,000 for pertussis in the United States in 2013 was approximately 9.05. This rate provides a standardized measure of new pertussis cases in relation to the population size and allows for comparisons between different populations or time periods.

The major assumption for using incidence rate (IR) is that the population at risk remains constant throughout the calculation period. This means that there are no significant changes in the size or composition of the population during the time frame being analyzed.

Properties of incidence rate include:

The measure of occurrence: IR provides information about the number of new cases of a particular disease within a specified population and time period.Standardized comparison: By calculating IR per 100,000, it allows for comparisons between different populations or time periods, adjusting for differences in population size.Time-specific: IR captures the rate of new cases within a defined time period, providing a snapshot of disease occurrence at a particular point in time.Sensitivity to changes: IR is sensitive to changes in disease occurrence over time, allowing for the identification of trends and patterns.Useful in public health planning: IR helps in understanding disease burden and assists in resource allocation, intervention planning, and evaluation of disease control programs.

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Problem #8: Deteine the value of b that would guarantee that the below linear system is consisteat. x1​−2x2​−6x3​=−72x1​−4x2​−2x3​=3−2x1​+4x2​−18x3​=b​ Problem #8 : Your work has been savedt (Back to Admin Rage)

Answers

the value of b that would guarantee that the linear system is consistent is b = 31.

To determine the value of b that would guarantee that the linear system is consistent, we can use the concept of matrix row operations and augmented matrices. Let's set up the augmented matrix for the system:

[1  -2  -6  |  -7]

[2  -4  -2  |   3]

[-2  4  -18  |  b]

We can perform row operations to simplify the augmented matrix and bring it to row-echelon form or reduced row-echelon form. This will help us determine if the system is consistent and find the value of b that ensures consistency.

By applying row operations, we can reduce the augmented matrix to row-echelon form:

[1  -2  -6  |  -7]

[0   0   10  |  17]

[0   0   10  |  b-14]

Now, we have two equations:

x1 - 2x2 - 6x3 = -7   (Equation 1)

10x3 = 17              (Equation 2)

10x3 = b - 14          (Equation 3)

From Equation 2, we find that x3 = 17/10. Substituting this value into Equation 3, we get:

10 * (17/10) = b - 14

17 = b - 14

b = 31

Therefore, the value of b that would guarantee that the linear system is consistent is b = 31.

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lambert's cylindrical projection preserves the relative size of geographic features. this type of projection is called .

Answers

lambert's cylindrical projection preserves the relative size of geographic features. this type of projection is called equivalent.

cylindrical projection, in cartography, any of numerous map projections of the terrestrial sphere on the surface of a cylinder that is then unrolled as a plane.

Originally, this and other map projections were achieved by a systematic method of drawing the Earth's meridians and latitudes on the flat surface.

Mercator projection is defined as a map projection was found in 1569 by Flemish cartographer Gerardus Mercator.

The Mercator projection seems parallels around a cylindrical globe and meridians appears as straight lines, but there is distortion of scale near the poles which do not make it a practical world map.

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A student’s first 3 grades are 70, 82, and 94. What grade must she make on the 4th texts to have an average of all 4 tests of 80? Identify the unknown, set up an equation and use Algebra to solve. Show all 4 steps. (only half credit possible if you do not set up an algebraic equation to solve)

Answers

The student must score 74 on the fourth test to have an average of 80 for all four tests, The equation can be formed by considering the average of the four tests,

To find the grade the student must make on the fourth test to achieve an average of 80 for all four tests, we can set up an algebraic equation. Let the unknown grade on the fourth test be represented by "x."

The equation can be formed by considering the average of the four tests, which is obtained by summing up all the grades and dividing by 4. By rearranging the equation and solving for "x," we can determine that the student needs to score 84 on the fourth test to achieve an average of 80 for all four tests.

Let's denote the unknown grade on the fourth test as "x." The average of all four tests can be calculated by summing up the grades and dividing by the total number of tests, which is 4.

In this case, the sum of the first three grades is 70 + 82 + 94 = 246. So, the equation representing the average is (70 + 82 + 94 + x) / 4 = 80.

To solve this equation, we can begin by multiplying both sides of the equation by 4 to eliminate the fraction: 70 + 82 + 94 + x = 320. Next, we can simplify the equation by adding up the known grades: 246 + x = 320.

To isolate "x," we can subtract 246 from both sides of the equation: x = 320 - 246. Simplifying further, we have x = 74.

Therefore, the student must score 74 on the fourth test to have an average of 80 for all four tests.

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Find f'(x) if
Next Validate Mark Unfocus Help
f(x)= arcsin( 11 x²+√3)
y'(x) =

Answers

The given function is: f(x)= arc sin(11 x²+√3) We have to find its derivative, which is represented as f'(x). Hence, we will find the derivative of f(x).

We know that

d/dx(sin(x)) = cos(x) And,

d/dx(cos(x)) = -sin(x)

Let us differentiate the given function f(x) using the chain rule as shown below. f(x)= arc sin(11 x²+√3)

Let u = 11x²+√3u'

= 22x

Let y = arc sin(u) dy/du

= 1/√(1-u²)

(Differentiation of arc sin(u) with respect to u)f(x) = y

= arc sin(11x²+√3) Using chain rule

f'(x) = dy/dx

= dy/du * du/dx

We have dy/du and du/dx values dy/du = 1/√(1-u²)

= 1/√(1 - (11x²+√3)²)

(Substituting u value)du/dx = 22x

Now, using the above values in dy/dx, we get f'(x) = dy/dx

= dy/du * du/dx

= 1/√(1 - (11x²+√3)²) * 22x

f'(x) = 1/√(1 - (11x²+√3)²) * 22x

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Suppose that in a particular population, it is observed that the average age is normally distributed with a mean of 40 and standard deviation of 36 . If the retirement age is 65 , what is the probability that a randomly selected individual will be within retiring age in 5 years?
O 0.1
O 0.09
O .009
O .001

Answers

Option A: 0.1 is incorrect. Option B: 0.09 is incorrect. Option C: 0.009 is incorrect. Option D: 0.001 is incorrect. The correct answer is 0.71.

Suppose that in a specific population, the average age is usually distributed with a mean of 40 and standard deviation of 36. The retirement age is 65. We are required to find out the probability that an individual, who is randomly chosen, will be within retiring age in 5 years.Let us begin by calculating the z-score.z = (x-μ)/σWhere, μ = 40, σ = 36 and x = 65 - 5 = 60.z = (60 - 40)/36z = 0.5556Using the Z table, we can obtain the probability associated with the z-score.

The area under the normal distribution curve between the mean and the z-score equals the required probability.P(z < 0.5556) = 0.7099Therefore, the probability that a randomly selected individual will be within retiring age in 5 years is 0.7099 or 0.71 (rounded to two decimal places).

Therefore, option A: 0.1 is incorrect. Option B: 0.09 is incorrect. Option C: 0.009 is incorrect. Option D: 0.001 is incorrect. The correct answer is 0.71.

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Differentiate sensitivity from specificity in reference to measurement instruments. Do you believe sensitivity or specificity is more important? Provide a rationale for your conclusion.

Answers

Sensitivity is the ability of a test to identify accurately those with the condition that is being tested for. On the other hand, specificity is the ability of a test to identify accurately those without the condition that is being tested for.

In other words, sensitivity measures how well a test identifies true positives, while specificity measures how well a test identifies true negatives. Both sensitivity and specificity are important for measurement instruments, but the importance of each one depends on the specific context. For example, in medical testing, sensitivity is often more important than specificity because a false negative result (i.e., a result that incorrectly indicates the absence of a condition when the person actually has it) can be dangerous or even life-threatening. However, false positive results (i.e., results that incorrectly indicate the presence of a condition when the person actually does not have it) can also be harmful, as they can lead to unnecessary further testing, treatments, or interventions that can carry risks, costs, and psychological distress. In conclusion, both sensitivity and specificity are crucial for accurate measurement and interpretation of test results. The relative importance of each one depends on the specific context and the potential consequences of false positives and false negatives.

Therefore, the choice of a measurement instrument should consider both sensitivity and specificity, as well as other relevant factors such as reliability, validity, feasibility, cost, and acceptability.

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Assume that the joint distribution of the life times X and Y of two electronic components has the joint density function given by
f(x,y)=e −2x,x≥0,−1 (a) Find the marginal density function and the marginal cumulative distribution function of random variables X and Y.
(b) Give the name of the distribution of X and specify its parameters.
(c) Give the name of the distribution of Y and specify its parameters.
(d) Are the random variables X and Y independent of each other? Justify your answer!

Answers

Answer: Joint probability density function:

f(x, y) = e^(-2x), x ≥ 0, -1 < y < x < ∞

(a) The marginal probability density function of random variable X is:

f(x) = ∫_(-1)^x e^(-2x) dy = e^(-2x) ∫_(-1)^x 1 dy = e^(-2x) (x + 1)

The marginal probability density function of random variable Y is:

f(y) = ∫_y^∞ e^(-2x) dx = e^(-2y)

(b) From the marginal probability density function of random variable X obtained in (a):

f(x) = e^(-2x) (x + 1)

The distribution of X is a Gamma distribution with parameters 2 and 3:

X = Gamma(2, 3)

(c) From the marginal probability density function of random variable Y obtained in (a):

f(y) = e^(-2y)

The distribution of Y is an exponential distribution with parameter 2:

Y = Exp(2)

(d) The joint probability density function of X and Y is given by:

f(x, y) = e^(-2x), x ≥ 0, -1 < y < x < ∞

The joint probability density function can be written as the product of marginal probability density functions:

f(x, y) = f(x) * f(y)

Therefore, random variables X and Y are independent of each other.

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Before the Euro came in, European countries had their own currencies.
France had the franc and Spain pesetas.
Use £1 = 9.60 francs to work out how much 45p is in francs.

Answers

Answer:

4.32 francs

Step-by-step explanation:

45p × £/(100p) × 9.6 francs / £ = 4.32 francs

Find the indicated probability using the standard normal distnbution P(z>−1.58) Click here to view nage 1 of the standard normal table Click here to view page 2 of the standard normal table P(z>−1.58)= (Round to four decimal places as

Answers

The probability of having a z-score greater than -1.58 is 0.9429 or 94.29% (rounded to four decimal places).

To find the probability using the standard normal distribution of P(z>−1.58), it is necessary to first refer to the z-table. From the table, we can determine the probability associated with a given z-value. Since we want to find P(z>−1.58), we need to look up the value of -1.58 in the table.

Here's how to do it:

Step 1: Look up the closest value to -1.58 in the first column of the table, which is -1.5.

Then, look up the value in the second column of the table that corresponds to the hundredths digit of -1.58, which is 0.08. Intersect the row and column to find the z-value of -1.58. The value is 0.0571.

Step 2: Since P(z>−1.58) means the probability of having a z-score greater than -1.58, we need to subtract the value from 1 (since the total probability of a normal distribution is always equal to 1). P(z>−1.58) = 1 - 0.0571= 0.9429

Therefore, the probability of having a z-score greater than -1.58 is 0.9429 or 94.29% (rounded to four decimal places).

In conclusion, the probability of having a z-score greater than -1.58 is 0.9429 or 94.29% (rounded to four decimal places).

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circular swimming pool has a diameter of 18 m. The circular side of the pool is 4 m high, and the depth of the water is 2.5 m. (The acceleration due to gravity is 9.8 m/s 2
and the density of water is 1000 kg/m 3
.) How much work (in Joules) is required to: (a) pump all of the water over the side? (b) pump all of the water out of an outlet 2 mover the side?

Answers

a)  The work done to pump all of the water over the side of the pool is 625891.82 Joules.

b)  The work done to pump all of the water out of an outlet 2 m over the side is 439661.69 Joules.

Given, Radius (r) = diameter / 2 = 18 / 2 = 9m Height (h) = 4m Depth of water (d) = 2.5m

Acceleration due to gravity (g) = 9.8 m/s² Density of water (ρ) = 1000 kg/m³

(a) To pump all of the water over the side of the pool, we need to find the volume of the pool.

Volume of the pool = πr²hVolume of the pool = π(9)²(4)Volume of the pool = 1017.88 m³

To find the work done, we need to find the weight of the water. W = mg W = ρvg Where,

v = Volume of water = πr²dW = 1000 × 9.8 × π(9)²(2.5)W = 625891.82 J

Therefore, the work done to pump all of the water over the side of the pool is 625891.82 Joules.

(b) To pump all of the water out of an outlet 2 m over the side, we need to find the volume of the water at 2m height.

Volume of the water at 2m height = πr²(4 - 2) Volume of the water at 2m height = π(9)²(2)Volume of the water at 2m height = 508.94 m³

To find the weight of the water at 2m height, we can use the following equation.

W = mg W = ρvgWhere,v = Volume of water = πr²(2)W = 1000 × 9.8 × π(9)²(2)W = 439661.69 J

Therefore, the work done to pump all of the water out of an outlet 2 m over the side is 439661.69 Joules.

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What is the t-score for a 90 % confidence interval if n=20 ? a) 1.753 b) 2.145 c) 1.729 d) 2.131

Answers

The t-score for a 90 % confidence interval if n=20 is 1.729.

To find the t-score for a 90% confidence interval with a sample size of n = 20, we need to determine the critical value from the t-distribution table.

Since the confidence level is 90%, we have a two-tailed test with an alpha level of (1 - 0.90) = 0.10. We divide this alpha level by 2 to find the area in each tail: 0.10 / 2 = 0.05.

Now, we need to find the critical value associated with a cumulative probability of 0.95 (1 - 0.05) in the t-distribution table. Since the sample size is 20, the degrees of freedom will be 20 - 1 = 19.

The closest critical value to a cumulative probability of 0.95 with 19 degrees of freedom is approximately 1.729.

Among the given options, c) 1.729 is the closest value to the calculated t-score.

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Juliet is a 42-year-old patient who is preparing to undergo surgery to remove her thymus gland, which has a tumor (a thymoma). She has read about the thymus and its functions and is concerned that her immune system will be much weaker after the surgery. What do you tell her, and why? Simplify the following expression, combining terms as appropriate and combining and canceling units. (3. 257) (1. 00 x 10 m) km X(500 60. 0 s 1. 00 min -) = 0. 195 km/s 1. 17 x 104 m/s 11. 7 km/min [ Monty Hall and Bayes ]] You are on a game show faced with 3 doors. Behind one of the doors is a car, and behind the other two doors are goats; you prefer the car. Assume the position of the car is randomized to be equally likely to be behind any door. You choose one of the doors; let's call this door #1. But instead of opening door #1 to reveal your prize, Monty (the game show host) prolongs the drama by opening door #3 to reveal a goat there. The host then asks you if you would like to switch your choice to door #2. Is it to your advantage to switch? Answer the question by finding the conditional probability that the car is behind door #2 given the relevant information. Assumptions: As stated so far, not enough information is given to determine the relevant probabilities. For this problem, let's make the following assumptions about the Monty's behavior. Monty wants to open one door that is not the door you already chose, that is, he wants to open door 2 or 3 . Monty knows where the car is, and he will not open that door. So, for example, if the car is behind door #2, then Monty's only option is to open door #3. The only case where Monty has any choice is when the car is behind door #1, and in this scenario assume Monty tosses a coin to decide between opening door #2 or #3. IHint: This could be set up in different ways; I'll try to describe one. To simplify the notation, let's not think of our own choice to open door #1 as random; we know we will choose door #1 (equivalently you can think that we label whatever door we've decided to open as "door #1"). Now it's like a frog about to take two hops. The first hop determines the door where the car is hidden; we could call these 3 events C 1,C 2, and C 3. These 3 events are assumed to have probability 31each. From there, the second hop leads to the opening of a door revealing a goat, and we are told that after two hops the frog ended up in a state where door #3 was opened and revealed a goat. Given that, what is the conditional probability that the frog passed through C 2?\| If you find this question interesting, you may enjoy a look at this "Ask Marilyn" column from around 1990. Print the name of the columns.Hint: colnames() function.B) Print the number of rows and columnsHint: dim()C) Count the number of calls per state.Hint: table() function.D) Find mean, median,standard deviation, and variance of nightly charges, the column Night.Charge in the data.The R functions to be used are mean(), median(), sd(), var().E) Find maximum and minimum values of international charges (Intl.Charge), customer service calls (CustServ.Calls), and daily charges(Day.Charge).F) Use summary() function to print information about the distribution of the following features:"Eve.Charge" "Night.Mins" "Night.Calls" "Night.Charge" "Intl.Mins" "Intl.Calls"What are the min and max values printed by the summary() function for these features?Check textbook page 34 for a sample.G) Use unique() function to print the distinct values of the following columns:State, Area.Code, and Churn.H) Extract the subset of data for the churned customers(i.e., Churn=True). How many rows are in the subset?Hint: Use subset() function. Check lecture notes and textbook for samples.I) Extract the subset of data for customers that made more than 3 customer service calls(CustServ.Calls). How many rows are in the subset?J) Extract the subset of churned customers with no international plan (Int.l,Plan) and no voice mail plan (VMail.Plan). How many rows are in the subset?K) Extract the data for customers from California (i.e., State is CA) who did not churn but made more than 2 customer service calls.L) What is the mean of customer service calls for the customers that did not churn (i.e., Churn=False)? 3A) Some people set up trusts or make other financial arrangements to pay for their kid's college education. Martha Klutz knows that when her daughter goes to college the expenses will be $__15035.00____ per year for four years. [Go on to 3B.]Her daughter is now a high school sophomore, so the first bill will arrive 3 years from now. The rate of interest is 8%.3B) How large a trust must Klutz set up today so that her daughter's college education is just paid for in the future?4) How large would the trust have to be if the rate of interest was 3% instead of 8%? a building with an appraisal value of $127,005 is made available at an offer price of $151,395. the purchaser acquires the property for $33,871 in cash, a 90-day note payable for $28,684, and a mortgage amounting to $57,430. the cost of the building to be reported on the balance sheet is you are working as a nurse in primary care instructing a diabetic patient about is most important for the nurse to make which statement? If you face significant pressures to reduce the costs ofproduction, exporting is a better option than licensing. Group ofanswer choices True False political parties order 2022 tahl Inc. produces three separate products from a common process costing $100,100. Each of the products can be sold at the split-off point or can be processed further and then sold for a higher price. Shown below are cost and selling price data for a recent period. Sales Value at Split-Off Point $59,700 15,800 55,400 Product 10 Product 12 Product 14 Cost to Process Further $100,100 30,800 149,700 Sales Value after Further Processing $191,000 34,700 214,000 Determine total net income if all products are sold at the split-off point. Net income $ 30800 e Textbook and Media Determine total net income if all products are sold after further processing. Net income $ e Textbook and Media Calculate incremental profit/(loss) and determine which products should be sold at the split-off point and which should be processed further. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Incremental profit (loss) Decision Product Product 10 $ Product 12 $ Product 14 $ e Textbook and Media Calculate incremental profit/(loss) and determine which products should be sold at the split-off point and which should be processed further. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Product Incremental profit (loss) Decision Product 10 $ Product 12 $ Should be processed further Should be sold at the split-off point Product 14 $ eTextbook and Media Determine total net income using the results from previous part. Net income $ Is the net income different from that determined in part(b)? sunet income is by $ I e Textbook and Media Save for Later ____ is an international standard used to manage digital certificates and public key encryption. when it was invented communication satellites enabled which of the following For the following questions, find a formula that generates the following sequence 1, 2, 3... (Using either method 1 or method 2).a. 5,9,13,17,21,...b. 15,20,25,30,35,...c. 1,0.9,0.8,0.7,0.6,...d. 1,1 3,1 5,1 7,1 9,...Method 1: Working upward, forward substitution Let {an } be a sequence that satisfies the recurrence relation an = an1 + 3 for n = 2,3,4,. and suppose that a1 = 2.a2 = 2 + 3a3 = (2 + 3) + 3 = 2 + 3 2a4 = (2 + 2 3) + 3 = 2 + 3 3 . . .an = an-1 + 3 = (2 + 3 (n 2)) + 3 = 2 + 3(n 1)Method 2: Working downward, backward substitution Let {an } be a sequence that satisfies the recurrence relation an = an1 + 3 for n = 2,3,4,. and suppose that a1 = 2.an = an-1 + 3= (an-2 + 3) + 3 = an-2 + 3 2= (an-3 + 3 )+ 3 2 = an-3 + 3 3 . . .= a2 + 3(n 2) = (a1 + 3) + 3(n 2) = 2 + 3(n 1) which stage of the product life cycle is characterized by narrowing profit margins and the goal of attracting new customers The following information pertains to UWC Company, from Vancouver, BC, and its product "Magic Gimmick"Selling price per unit of "Magic Gimmick": $45.00Direct material cost per kg: $2.00Direct labour cost per unit: $1.20Variable overhead cost per unit: $0.80Material required per unit: 2kgOther variable expenses per unit: $0.60Annual fixed costs:Advertising: $15,000Fixed manufacturing: $60,000Other fixed expenses: $8,000You are a newly minted MBA and your boss knows that you are able to answer his questions.Therefore, he asks you for a formal memo which he plans to use with various stakeholders (i.e. senior mgmt., banks, etc.) in which you answer his 3/three questions:1. What is the break even point in both units and sales dollars? translate this sentence to an equation Juiles height increased by 19 is 65 Find the slope of the line y=(3)/(5)x-(2)/(7) Simplify your answer and write it as a proper fraction, improper fraction, or i Suppose you try to perform a binary search on a 5-element array sorted in the reverse order of what the binary search algorithm expects. How many of the items in this array will be found if they are searched for?1520 the purpose of this homework is for you to get practice applying many of the concepts you have learned in this class toward the creation of a routine that has great utility in any field of programming you might go into. the ability to parse a file is useful in all types of software. by practicing with this assignment, you are expanding your ability to solve real world problems using computer science. proper completion of this homework demonstrates that you are ready for further, and more advanced, study of computer science and programming. good luck! A scientist is testing the effectiveness of Drug X on cancer. She gives a small amount of the drug to mice that have cancer. She gives each mouse a different amount from 1 to 10 grams, and then measures the size of the tumor in each mouse before the drugs and two weeks after the drugs. She gives one of the mice sugar instead of Drug X. What is her control in this experiment?A. The size of the tumor before Drug X.B. The amount of Drug X given to the mice.C. The mouse that received sugar instead of Drug X.D. The size of the tumor after Drug X