Determine the linear regression function of y on x, Game Theory

Assignment Help:

QUESTION ONE.

(a) The probability that, a bomber hits a target on a bombing mission is 0.70

Three bombers are sent to bomb a particular target.

(i)  What is the probability that they all hit the target?

(ii) What is the probability that at least one hits the given target?

 

(b) Given that the events A, B, and Care mutually exclusive and exhaustive. If P(C) =2P (A) and P(B)=P(A ?C).Find the probabilities of events A, B and C respectively.

QUESTION TWO.

In an investigation to determine the relationship between the performance of students in mid-semester examination (X) and end of semester examination (y), the following marks were taken from the records of ten (10) students.

X

34

73

96

84

45

63

14

42

83

96

Y

43

67

83

80

54

63

24

67

73

90

(i) Draw a scatter plot of the above data

(ii) Fit on your scatter plot the line of best fit

(iii) Determine the linear regression function of Y on X

QUESTION THREE.

Use the data given in the table below to compute the following indices:-

 

                2010

                   2011

 

Commodity

Price

Quantity

Price

Quantity

Weight

A

10

100

12

180

60

B

12

240

15

450

50

C

15

225

17

340

30

Take 2010 = 100

(i)  Laspeyre's price index

(ii)  Paasche's price index

(iii) Fisher's ideal index

(iv) Relative price index for commodity A

(v) Weight aggregative price index


Related Discussions:- Determine the linear regression function of y on x

Vickrey auction, A sealed-bid second worth auction during which participant...

A sealed-bid second worth auction during which participants every simultaneously submit bids. The auctioneer discloses the identity of the very best bidder who is said the winner.

Calculate expected payoff, 1. The town of Sunnydale, CA is inhabited by two...

1. The town of Sunnydale, CA is inhabited by two vampires, Spike and Anya. Each night Spike and Anya independently hunt for food, which each one finds with probability 1/2 . Becaus

Game theory equilibrium exercise, Exercise 1 a) Pure strategy nash equi...

Exercise 1 a) Pure strategy nash equilibrium in this case is Not Buy, bad ( 0,0) as no one wants to deviate from this strategy. b) The player chooses buy in the first perio

Prisoner''s dilemma , A game frequently displayed in tv police dramas. 2 pa...

A game frequently displayed in tv police dramas. 2 partners in crime are separated into separate rooms at the police station and given an identical deal. If one implicates the oppo

Positive add, In a positive add game, the combined payoffs of all players a...

In a positive add game, the combined payoffs of all players aren't identical in each outcome of the sport. This differs from constant add (or zero add) games during which all outco

Formulate the situation as strategic game - nash equilibrium, Two individua...

Two individuals use a common resource (a river or a forest, for example) to produce output. The more the resource is used, the less output any given individual can produce. Denote

Determine the bayesian nash equilibrium of a game, Stanley is auctioning an...

Stanley is auctioning an item that he values at zero. Betty and Billy, the two potential buyers, each have independent private values which are drawn from a uniform distribution, P

Ship, Ship, Captain and Crew (sometimes called Ship, Captain and Mate) was ...

Ship, Captain and Crew (sometimes called Ship, Captain and Mate) was a popular bar game played for drinks with five dice and throwing cup. Each player gets three throws. He has to

Symmetric game, Scenario Any game during which the identity of the playe...

Scenario Any game during which the identity of the player doesn't amendment the ensuing game facing that player is symmetric. In different words, every player earns identical pa

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd