An Introduction to Statistical Methods and Data Analysis
An Introduction to Statistical Methods and Data Analysis
7th Edition
ISBN: 9781305269477
Author: R. Lyman Ott, Micheal T. Longnecker
Publisher: Cengage Learning
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A risk manager is analyzing a 1-day 98% VaR model. Assuming 252 days in a year, what is the maximum number of daily losses exceeding the 1-day 98% VaR that is acceptable in a 1-year backtest to conclude, at a 95% confidence level, that the model is calibrated correctly? a)5 b)9 c)10 d)12
a. Locate the​ 95% prediction interval for driving accuracy​ (y) on the​ printout, and give a practical interpretation of the result. b. Locate the​ 95% confidence interval for mean driving accuracy​ (y) on the​ printout, and give a practical interpretation of the result. c. If you are interested in knowing the average driving accuracy of all golfers who have a driving distance of 300​ yards, determine which of the intervals is relevant. Explain.
The figure to the right shows the results of a survey in which 1005 adults from Country​ A, 1023 adults from Country​ B, 995 adults from Country​ C, 1020 adults from Country​ D, and 1012 adults from Country E were asked whether national identity is strongly tied to birthplace. Country A37%22%27%49%Country BCountry CCountry DCountry E10%   Construct a 99​% confidence interval for the population proportion of adults who say national identity is strongly tied to birthplace for each country listed.   The 99​% confidence interval for the proportion of adults from Country B who say national identity is strongly tied to birthplace is enter your response here   ,enter your response here   . ​(Round to three decimal places as​ needed.)
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