Derive the formulas for the variance of the MLE estimators of the unknown parameters of the simple linear regression model. 7:08 AM
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- Olympic Pole Vault The graph in Figure 7 indicates that in recent years the winning Olympic men’s pole vault height has fallen below the value predicted by the regression line in Example 2. This might have occurred because when the pole vault was a new event there was much room for improvement in vaulters’ performances, whereas now even the best training can produce only incremental advances. Let’s see whether concentrating on more recent results gives a better predictor of future records. (a) Use the data in Table 2 (page 176) to complete the table of winning pole vault heights shown in the margin. (Note that we are using x=0 to correspond to the year 1972, where this restricted data set begins.) (b) Find the regression line for the data in part ‚(a). (c) Plot the data and the regression line on the same axes. Does the regression line seem to provide a good model for the data? (d) What does the regression line predict as the winning pole vault height for the 2012 Olympics? Compare this predicted value to the actual 2012 winning height of 5.97 m, as described on page 177. Has this new regression line provided a better prediction than the line in Example 2?A snack food manufacturer estimates that the variance of the number of grams of carbohydrates in servings of its tortilla chips is 1.33. A dietician is asked to test this claim and finds that a random sample of 24 servings has a variance of 1.37. At α=0.01, is there enough evidence to reject the manufacturer's claim? Assume the population is normally distributed. Complete parts (a) through (e) below. (a) Write the claim mathematically and identify H0 and Ha. A. H0: σ2≤1.33 (Claim) Ha: σ2>1.33 B. H0: σ2≠1.33 Ha: σ2=1.33 (Claim) C. H0: σ2≥1.33 Ha: σ2<1.33 (Claim) D. H0: σ2=1.33 (Claim) Ha: σ2≠1.33 (b) Find the critical value(s) and identify the rejection region(s). The critical value(s) is(are) enter your response here. (Round to two decimal places as needed. Use a comma to separate answers as needed.) Choose the correct statement below and fill in the corresponding answer boxes. A. The…As a bonus assignment a former student checked if your professor gave a statisticallysignificant difference in grades between his male and female students. She based herstudy based on grades assigned in intermediate Econ courses (Econ 303, 305 and 317)and her sample included nm = 485 male students and nf = 264 female students. Theaverage grades received were xm = 84.6 and xf = 85.8 The population standad deviation were σ m = 12.0 and σ f = 11.4 8. From the same extra-credit study as in question 7 see above, this former student found that the proportion of female students in principle courses (Econ 203, 205) was ?̅? = 0.380, while the proportion of female students in intermediate courses (Econ 303, 305, 317) was ?̅? = 0.352. The principle courses sample size was np = 782, while the intermediate courses sample size was ni = 749. Test the hypothesis that female students are less in intermediate courses using a 90% confidence level and the p-value approach.
- What type of statistical test are you conducting if h1 states that the parameter is greater than the value claimed in h0? a) left-tailed b) right-tailed c) two-tailed d) dove-tailedThe following data are values of pressure (psi) in a torsion spring for several settings of the angle between the legs of the spring in a free position. Also presented is the ANOVA result.a.1. Solve for the Bartlett’s computed value. a.2. Solve for the Bartlett’s critical value using α = 0.01. a.3. Conclude if the variances are equal.Please solve with the step max in 60-90 minutes the chapter actuarial Investigate whether the risk measure Variance principle premium p(L) = μL + ασL2 α = loading factor meets the axioms (T, S, PH and M)
- In a simple linear regression, given that the sample variances of x and y Sx^2=510, Sy^2=750 respectively, cov(x, y)=100 and n = 10. What is the standard error of estimate? Round your answer to the nearest third decimal.The variance of the event of a coin being thrown four times equal to the center of gravity is the following? Please select one: a. 2.0 b. 0.5 c. 1.5 d. 1.0 e. IncalculableImagine a family member looks over your shoulder as you look at the variance equation Σki=1(xi − μ)2P(X = xi) and asks why the P(X = xi) term is there. What would you say?
- Consider an estimator of μ: W= 1/6 Y1+1/16Y2+1/4Y3+1/8Y4+1/2Y5 This is an example of a weighted average of the Yi's. Show that W is also an unbiased estimator of μ. Find the variance of W.Now, consider an estimator of μ: W=1/16Y1+1/16Y2+1/4Y3+1/8Y4+1/2Y5 This is an example of a weighted average of the Yi’s. Show that W is also an unbiased estimator of μ. Find the variance of W.