☀F2A(n).O A. residual pointOB. marginal pointOC. outlierO D. least-squares point#3is a point lying far away from other data points on a scatterplot.380F3$4F4%5F50MacBook AirF6&7F78DIIF8

A(n) ________ is a point lying far away from other data points on a scatterplot A. residual point B.…

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MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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Fit a linear trend curve by the least-squares method to the following data and then estimate levels of production in 2023 and 2025. Year 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 Production (M Tons) 10 12 16 20 22 25 28 31 35 40 44 50 Consider the following distributions of the marks scored by 100 students in a quantitative techniques activity. The median mark is known and given as 49.8. Marks 0- 15 15- 30 30- 45 45- 60 60- 75 75 – 90 90-105 Total No. of Students 10 12 20 f1 15 f2 8 100 Find the missing frequencies f1 and f2 and then compute the Bowley coefficient skewness and comment.
2. What does it mean for a scatter plot to have a negative trend? O A. Higher c-values tend to go with higher y-values. OB. Higher -values tend to go with lower y-values. OC. The x- and y-values appear to be unrelated. OD. None of these are true.
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Suppose we are interested Tn bldding on a plece of land and we Know one other bldder is interested. The seller announced that the highest bld in excess of $15,000 Will be accepted. Assume that the competitor's bid x is a random variable that is uniformly distributed between $15,000 and $20,000. (a) Suppose you bid $17,000. What is the probability that your bid will be accepted? (b) Suppose you bid $18,000. What is the probability that your bid will be accepted? (c) What amount should you bid in dollars to maximize the probability that you get the property? $ (d) Suppose you know someone who is willing to pay you $21,000 for the property. What is the expected profit in dollars if you bid the amount given in part (c)? 2$ Find a bid in dollars which produces a greater expected profit than bidding the amount given in part (c). (If an answer does not exist, enter DNE.)
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A(n) is a point lying far away from other data points on a scatterplot. O A. residual point OB. marginal point OC. outlier O D. least-squares point