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Given an estimation problem with an integrable Lebesgue conditional PDF f(X|θ)for the observables, an integrable Lebesque prior PDF fθ, and with loss function L(θ,a)= w(θ)(θ-a)^2, where w(θ) is a fixed weighted function. Determine the Bayes rule and comment on the role of w(θ) in this problem.
A financial analyst is interested in estimating the average amount of a foreign loan by U.S. banks. Construct the Stratum weights for proportional allocation
Calculate a 90% confidence interval for the percentage of homes in the US that had guns at the time of survey.
Calculate the mean, mode and median of the grouped data derived from the frequency distribution above. Compare the results obtained from
Sketch a histogram of these data and give the modal class.
An insurance representative wants to determine if the proportions of women and men who buy the different policy types are the same. The actual sales results for 50 women and 50 men are
Of the 1,4000 homemakers sampled, 420 were able to identify the brand by name. Compute the standard error of the proportion.
If 16 out of 20 spins just came up black, determine the probability that next spin is going to be red?
Take any number, square it, and add 6, multiply by the original number. Now add 5 to that. Now divide this by the original number plus 1. Now subtract your original number and you should get 5.
Recognize and describe potential threats (up to 3) to internal validity.
How have you used the scientific process (unsystematic observation, building theories, and evaluating propositions) in your life to better understand your personality?
Does the regression equation account for a significant portion of the variance in GPA? Use ∝ = .05 to evaluate the F - ratio.
If the selected coin is flipped twice and comes up heads twice in a row, what is the probability that the coin is two-headed?
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