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An auto insurance company classifies policy holders into three equal-sized risk categories: good, average, bad. In a given year the probability of having an accident for each of the risk categories is 5%,10%,25% respectively. If a person did not have an an accident last year what is the probability that she was placed in the good risk category
Write down the regression equation and state the R-squared value and the standard error and explain what they mean with respect to the data.
Explain how and why you are using eight variables instead of the original number of 25. I gave the reasons and method adopted in one of the feedbacks.
analyze the processed data in statistical survey. below are the results of the processed data.question 1 yes p 0.1986
Write the null and alternative hypotheses and analyze the data using PROC TTEST, and turn in the printout. From this, you will first have to test if the population variances are equal.
Outline two techniques which can be used to decide where to put SPC effort most effectively and state 3 ways in which the application of SPC can improve quality standards.
A time series with forecast values and error terms
A local ice-cream store receives an average of 3 customers per hour. Assume that the arrival events are well described by Poisson distribution. The cashier wants to leave the store to run an errand. The manager computes the expected time T between..
consider the file showing data for magazine titles the cost of a full-color page advertisement page audience
The distribution of scores was approximately bell
Identify the type of observational study (cross-sectional, retrospective, or prospective) described
What would the optimal action be for International before running the sneak preview?
Using the data on the growth rate of Money and inflation, run a regression of the rate of inflation on the rate of growth of the money supply
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