1. According to one court opinion, statistical evidence meeting "the .05 level of significance... [is] certainly sufficient to support an inference of discrimination." Describe the 5% significance level in plain English.
1. According to one court opinion, statistical evidence meeting "the .05 level of significance... [is] certainly sufficient to support an inference of discrimination." Describe the 5% significance level in plain English.
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.6: Summarizing Categorical Data
Problem 30PPS
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![Module 4 Assignment: Inferential Statistics
1. According to one court opinion, statistical evidence meeting "the .05 level of
significance... [is] certainly sufficient to support an inference of discrimination."
Describe the 5% significance level in plain English.
2. Describe a false positive and a false negative in the context of a criminal trial. In your
view, which error is costlier to society?
3. Describe the intuition of a likelihood ratio test.
4. In the article by Michael Baye and Joshua Wright ("Is Antitrust Too Complicated for
Generalist Judges?"), describe how they measure the economic complexity of antitrust
cases. What as the modal level of complexity? How would you describe the complexity
distribution?
5. According to the results from Baye and Wright, how does economic training impact the
appeal rate of judges? Are you convinced that Baye and Wright have established a
causal relationship?](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fdab288d4-e841-4842-b264-f20078e4dc53%2F927e8f83-1d65-4990-b6c2-21ed6dd655e1%2Fwt1qjf_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Module 4 Assignment: Inferential Statistics
1. According to one court opinion, statistical evidence meeting "the .05 level of
significance... [is] certainly sufficient to support an inference of discrimination."
Describe the 5% significance level in plain English.
2. Describe a false positive and a false negative in the context of a criminal trial. In your
view, which error is costlier to society?
3. Describe the intuition of a likelihood ratio test.
4. In the article by Michael Baye and Joshua Wright ("Is Antitrust Too Complicated for
Generalist Judges?"), describe how they measure the economic complexity of antitrust
cases. What as the modal level of complexity? How would you describe the complexity
distribution?
5. According to the results from Baye and Wright, how does economic training impact the
appeal rate of judges? Are you convinced that Baye and Wright have established a
causal relationship?
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