Which of the following population models predicts a population that reaches a carry capacity? There may be more than one answer and negative marking will apply if you choose an incorrect answer.
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- If X1, X2, ... , Xn constitute a random sample of size n from an exponential population, show that X is a consis-tent estimator of the parameter θ.Show what correction (using the generalized least squares method) we should use if the form of heteroskedasticity was the following, show mathematically For both a) and b)A researcher has developed a new drug designed to reduce blood pressure. In an experiment, 22 subjects were assigned randomly to the treatment group and received the new experimental drug. The other 24 subjects were assigned to the control group and received a standard, well-known treatment. After a suitable period, the reduction in blood pressure for each subject was recorded. A summary of these data is: nn x¯x¯ ss Treatment group (new drug) 22 23.48 8.01 Control group (old drug) 24 18.52 7.15 Without using software, how would you estimate the number of degrees of freedom for this problem? Select one: use the larger value, 23, chosen from the two options 21 and 23 use the smaller value, 22, chosen from the two options 22 and 24 use the larger value, 24, chosen from the two options 22 and 24 use the smaller value, 21, chosen from the two options 21 and 23
- Suppose the table below displays the estimation results from the Logit model Regressor Coefficient (standard error) (log)Income(X1) 0.48 (0.12) Age(X2) 0.03 (0.01) -0.008 (0.02) constant 8.07 (1.16) where the heteroskedasticity-robust standard errors are reported along with the coefficient estimates. How do you interpret the coefficient on log income? Is it significantly different from zero? What is the log odds-ratio for an individual with log income equal to 10 and age equal to 40? Explain what it means.Suppose your dependent variable is aggregate household demand for electricity for various cities. To correct for heteroskedasticity you should Select one: a. multiply observations by the square root of the city size b. multiply observations by the city size c. divide observations by the city size d. divide observations by the square root of the city size e. none of theseResistors labeled as 100 Ω are purchased from two different vendors. The specification for this type of resistor is that its actual resistance be within 5% of its labeled resistance. In a sample of 180 resistors from vendor A, 150 of them met the specification. In a sample of 270 resistors purchased from vendor B, 233 of them met the specification. Vendor A is the current supplier, but if the data demonstrate convincingly that a greater proportion of the resistors from vendor B meet the specification, a change will be made. a) State the appropriate null and alternate hypotheses. b) Find the P-value. c) Should a change be made?
- Consider the CAPM. The risk-free rate is 6% and the expected return on the market is 18%. What is the expected return on a stock with a beta of 1.3 when market is efficient?In a certain city, the daily consumption of electricpower in millions of kilowatt-hours can be treated as arandom variable having a gamma distribution with α = 3and β = 2. If the power plant of this city has a daily capacity of 12 million kilowatt-hours, what is the prob-ability that this power supply will be inadequate on any given day?Resistors labeled as 100 Ω are purchased from two different vendors. The specification for this type of resistor is that its actual resistance be within 5% of its labeled resistance. In a sample of 180 resistors from vendor A, 149 of them met the specification. In a sample of 270 resistors purchased from vendor B, 233 of them met the specification. Vendor A is the current supplier, but if the data demonstrate convincingly that a greater proportion of the resistors from vendor B meet the specification, a change will be made. P-value?
- For some genetic mutations, it is thought that the frequency of the mutant gene in men increases linearly with age. If m1 is the frequency at age t1, and m2 is the frequency at age t2, then the yearly rate of increase is estimated by r = (m2 − m1)/(t2 − t1). In a polymerase chain reaction assay, the frequency in 20-year-old men was estimated to be 17.7 ± 1.7 per μgDNA, and the frequency in 40-year-old men was estimated to be 35.9 ± 5.8 per μg DNA. Assume that age is measured with negligible uncertainty.a) Estimate the yearly rate of increase, and find the uncertainty in the estimate.b) Find the relative uncertainty in the estimated rate of increase.Show that (X+1)/(n+2) is a biased estimator of the binomial parameter θ. Is this estimator asymptotically unbiased?Let X1, ..., Xn be a sample from an exponential population with parameter λ.(a) Find the maximum likelihood estimator for λ. (b) Is the estimator unbiased?(c) Is the estimator consistent?