The images provided are an Output from a Forward Regression model built on the Donations dataset using TargetB within Sas E Miner. Provide an e
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The images provided are an Output from a Forward Regression model built on the Donations dataset using TargetB within Sas E Miner.
Provide an explanation as to why the final model turned out this way.
Explain the relationship between the input variables in the model and the target variable
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Solved in 2 steps
- For the binomial model, with success probability q and observed data k successes out of n trials, assume a Beta(α,β) prior distribution for q. Show that the posterior mean for q is always in between the prior mean for q and the maximum likelihood estimator qˆ. Show that if the prior is uniform, then the posterior variance for q is always less than the prior variance. Find an example of α,β,k and n where the posterior variance is greater than the prior variance.A scientist, posted on an island in the pacific. One of the instruments have is a seismometer. Notice there is no high ground on the island, so keep an eye on it in case it warns of a larger earthquake which could trigger a Tsunami. Remember that some people think earthquakes are distributed Poisson, and on the 2400 the hour (100 day anniversary) you get your 29th earthquake sensed on the seismometer. Using the Poisson assumption, A) calculate the maximum likelihood estimate of the waiting time between quakes.(hint the rate ? is 1/mean waiting time) B) Calculate an approximate 90% confidence interval for the waiting time using the normal approximationDescribe the Maximum likelihood criterion?
- For the p parameter of Bernoulli (p) distribution; Find the maximum likelihood estimator.If a hypothesis test produces a z-score in the critical region, what decision should be made? a. Reject the alternative hypothesis b. Fail to reject the alternative hypothesis c. Reject the null hypothesis d. Fail to reject the null hypothesisMLE is the maximum likelihood estimation
- Production managers on an assembly line must monitor the output to be sure that the level of defective products remains small. They periodically inspect a random sample of the items produced. If they find a significant increase in the proportion of items that must be rejected, they will halt the assembly process until the problem can be identified and repaired. State the hypotheses: In this context, what is a type I error? What is a consequence of this error? In this context, what is a type II error? What is a consequence of this error? Which type of error would the factory owner consider more serious? Which type of error might customers consider more serious?find estimator using maximum likelihood methodderive maximum likelihood estimator(s) of the underlying parameter(s) *In detailed
- We ran an inference test to study if gender (0=female; 1= male) is associated with a diagnosis of Type 2 Diabetes Mellitus (t2dm: 0= absent; 1=present) on a group of patients, controlling for age. Results table are shown as below. Analysis of Maximum Likelihood Estimates Estimate Standard Error Test statistic p-value Exp(B) Intercept -12.77 1.9759 41.8176 <.0001 ---------------- Gender 0.41 0.124 10.9799 0.0009 1.5 Age 0.0948 0.0305 9.6883 0.0019 1.09 What type of model is this, and why is this type of analysis appropriate in this case? Also, please describe the finding: is gender associated with diagnosis of t2dm, why or why not (provide the test statistic and p-value)? Interpret the coefficient for gender and age.Suppose a new production method will be implemented if a hypothesis test supports theconclusion that the new method reduces the mean operating cost per hour.a. State the appropriate null and alternative hypotheses if the mean cost for the currentproduction method is $220 per hour.b. what is the type i error in this situation? what are the consequences of making this error?c. what is the type ii error in this situation? what are the consequences of making this error?Find the maximum likelihood estimator of . How do you know it gives a maximum?