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- 2. Suppose that in Example 2.27, 400 units of food A, 500 units of B, and 600 units of C are placed in the test tube each day and the data on daily food consumption by the bacteria (in units per day) are as shown in Table 2.7. How many bacteria of each strain can coexist in the test tube and consume all of the food? Table 2.7 Bacteria Strain I Bacteria Strain II Bacteria Strain III Food A 1 2 0 Food B 2 1 3 Food C 1 1 1Consider the linear model Yi = B0 + B1X1i + B2X2i + ui where ui is the error term and where E(ui|X1i,X2i) = 0, observations (Yi,X1i,X2i) are independent and identically distributed, 0 < E(Y4) < 1, 0 < 1i E(X14i) < 1, 0 < E(X24i) < 1 and where X2i = X12i. Are the OLS estimators Bˆ1 and Bˆ2 of the coe¢cients B1 and B2 unbiased and consistent? Explain.If X1, X2, ... , Xn constitute a random sample of size nfrom a geometric population, show that Y = X1 + X2 +···+ Xn is a sufficient estimator of the parameter θ.
- SO what would be the L, Lq, and Wq of this problem? Assuming we are trying to develop and sovle a waiting line system that can accomodate this increased leel of passenger traffic.Give a clear and detailed solution of the intergral of e^-ct/m 2)An ecologist is considering two different positions in which to setup his solar energy collector. He takes two identical collector places one in each of the positions and measure the energy in at collected as 10 consecutive days. Days 1 2 3 4 5 6 7 8 9 10 Position X 2.6 5.4 3.2 5.0 4.3 2.7 2.6 3.9 6.0 1.6 POSITION y 2.8 5.1 3.1 6.0 4.6 3.2 2.9 4.5 6.2 2.2 Test whether the difference of mean is significance ? what will be the answer
- A manufacturing company employs two devices to inspect output for quality control purposes. The first device is able to accurately detect 99.3% of the defective items it receives, whereas the second is able to do so in 99.7% of the cases. Assume that four defective items are produced and sent out for inspection. Let X and Y denote the number of items that will be identified as defective by inspecting devices 1 and 2, respectively. Assume that the devices are independent. a)Determine fxy(X=4,Y=4). b)Determine fxy(X=4)A manufacturing company employs two devices to inspect output for quality control purposes. The first device is able to accurately detect 99.3% of the defective items it receives, whereas the second is able to do so in 99.7% of the cases. Assume that four defective items are produced and sent out for inspection. Let X and Y denote the number of items that will be identified as defective by inspecting devices 1 and 2, respectively. Assume that the devices are independent.A.) Determine fxy(X=4,Y=3).B.) Determine fxy(X=3,Y=4)C.) Determine fxy(X=4,Y=4)D.) Determine fxy(X=4)A manufacturing company employs two devices to inspect output for quality control purposes. The first device is able to accurately detect 99.3% of the defective items it receives, whereas the second is able to do so in 99.7% of the cases. Assume that four defective items are produced and sent out for inspection. Let X and Y denote the number of items that will be identified as defective by inspecting devices 1 and 2, respectively. Assume that the devices are independent. a)Determine fxy(X=4,Y=3). b)Determine fxy(X=3,Y=4). c)Determine fxy(X=4,Y=4). d)Determine fxy(X=4)
- (Please answer 2nd question ) 1. Assume that there are two types of driver: One is careful and has a 0.1% of being in an accident. The other type is careless and has a 1% chance of being in an accident. Assume that each type represents 50% of the population. If there is a law mandating that all drivers buy insurance that would cover $100,000 in damages, the actuarially far premium for all drivers would be ________ while if there were no such law, the fair premium would be __________. Group of answer choices A) $100, $1,000 B) $100, somewhere between $100 and $1,000 C) $550, somewhere between $550 and $1,000 D) $550, 1,000 Ans :- option c ). 2. The term(s) used to describe the problem(s) that make the actuarially fair premiums different in the two cases in the question above is(are) Group of answer choices A) Asymmetric information B) Moral hazard C) Adverse selection D) A, B, and C E) A and CCompute. (a) ds/dp if s = 3( p2 + 5p + 1)10 (b) d/dt (at2 + St-1 + S2)Suppose we want to predict job performance of Chevy mechanics based on mechanical aptitude test scores and test scores from personality test that measures conscientiousness. mech aptitude conscientiousness job performance x1 x2 y 40 25 1 45 20 2 38 30 1 50 30 3 48 28 2 55 30 3 53 34 3 55 36 4 58 32 4 40 34 3 55 38 5 48 28 3 45 30 3 55 36 2 60 34 4 60 38 5 60 42 5 65 38 5 50 34 4 58 38 3 Please use excel to find a line to minimize the absolute deviation. It is fine if you do not need to write down the formulation, but please print out the excel solutions and find the coefficients a1,a2, b of the line:y= a1 x1+ a2 x2+ b