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You are proposed to accept or reject a lottery which gives X with probability 1/3 and -1 with probability 2/3. Before accepting you receive a signal "g" (good) or "b" (bad). The signal has precision q=P(g|win)=P(b|lose)>1/2.Suppose you choose between accepting and rejecting the lottery without the signal. What is the value of your choice V (X) as a function ofX? In other words, this is the value you get taking your choice into account. Draw V (X) on a graph.Now suppose you take signal into account. What is the value Vs(X) of your choice before you see the signal? Draw it on the graph.What is the value of the signal as a function of X. Specify and draw it on the graph.
Regression analysis techniques
the hypothesis that there is a relationship between perceptions of police performance and area of the city for Montgomery. What might you tell the police chief?
Clearly state your hypothesis and conclusions.
Have X= 1, 4, 3, 2, 5, 6, 0. and Y= 1, 3, 3, 1, 4, 7, 2. I get the least squares equation as y=15/28+23/28x. is it correct? How do I test whether the model can be used for predicting Y? How much of the variation in T is explained by variation i..
In a regression analysis, a nurse researcher found a correlation of between pain relief scores and satisfaction with nursing care.
q1.what background information was provided about the health issue and why it is an issue?q2.what was the research
Consider Mary's study of whether the learning of 6th graders on a math lesson is affected by background noise level. Describe the pros and cons of Mary using a repeated measures design for this study. What would you probably choose to do? Suppo..
Consider the following situation: Data Set A: Average = $157 Standard Dev. = $84 Data Set B: Average = 34 oz. Standard Dev. = 21 oz
A person estimates that his commute to work will most likely take 50 minutes. However, it could talk as long as 1 hour and 35 minutes worst case, or as little as 35 minutes best case. What is the approximate standard deviation based on the ab..
Describe each r value in words
you work at the bank of eureka to help customers including retired people to plan for the future.nbsp often the value
The Medical College Admission Test
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