What is the power demand value that is exceeded with 80% probability?
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- True or False: In a model with an interaction variable, we can drop the interaction term if its pvalue>.055) What is true about a regression using data from a randomized controlled trial? a) The independent variable is exogenous because it was determined randomly. b) The line of best fit does not minimize the sum of squared residuals. c) It eliminates all error due to unmeasured variables. d) The estimated slope is significant no matter how many observations are in the sample. e) The slope of the line of best fit must be equal to the true relationship.An article in International Journal of Electrical Power & Energy Systems {"Stochastic Optimal Load Flow Using a Combined Quasi- Newton and Conjugate Gradient Technique" (1989, Vol. 11(2), pp. 85-93)} considered the problem of optimal power flow in electric power systems and included the effects of uncertain variables in the problem formulation. The method treats the system power demand as a normal random variable with 0 mean and unit variance. What is the power demand value that is exceeded with 8096 probability? Round your answer to two decimal places (e.g. 98.76). Ancwor ic Rlanlk 1
- A BS Agribusiness Management student from UPLB is conducting a Special Problem about the evidence of profitability among SMES in the Philippines. She intends to provide the risk in engaging to SMES which is measured by the variance of the usual daily revenue. If the variance is found to be above 500K pesos, the risk is still high which means a successful business transformation in various dimensions of their operations must be done (e.g. spanning enhanced entrepreneurial skill, innovation in process and product development, more successful collaboration across SMES and with larger firms, and improved crisis resilience among other factors) through a seminar to be supported by the different government agencies. R COMMANDER OUTPUT One sample Chi-squared test for variance data: daily_revenue x-squared = 389.18, df = 22, p-value < 2.2e-162. In building an arena, steel bars with a mean ultimate tensile strength of 400 Megapascal (MPa) with a variance of 81 MPa were delivered by the manufacturer. The project engineer tested 50 steel bars and found out that the mean ultimate tensile strength is 390 MPa. The decision for the extension of the contract with the manufacturer depends on the engineer. Test the hypothesis whether there is no significant difference between the two means using a two - tailed with a = 0.01.Diabetes Physicians recommend that children with type-I (insulin dependent) diabetes keep up with their insulin shots to minimize the chance of long-term complications. In addition, some diabetes researchers have observed that growth rate of weight during adolescence among diabetic patients is affected by level of compliance with insulin therapy. Suppose 12-year-old type-I diabetic boys who comply with their insulin shots have a weight gain over 1 year that is normally distributed, with mean = 13 lbs and variance = 13 lbs. (Assume for parts (a) and (b) that weight can be measured exactly and no continuity correction is necessary. Round your answers to four decimal places.) USE SALT (a) What is the probability that compliant type-I diabetic 12 year-old boys will gain at least 17 lbs over 1 year? X (b) Conversely, 12-year-old type-I diabetic boys who do not take their insulin shots have a weight gain over 1 year that normally distributed with mean = 7 lbs and variance = 13 lbs. Answer…
- 9) The following results are from a regression where the dependent variable is GRADUATION RATE and the independent variables are % OF CLASSES UNDER 20, % OF CLASSES OF 50 OR MORE, STUDENT/FACULTY RATIO, ACCEPTANCE RATE, 1ST YEAR STUDENTS IN TOP 10% OF HS CLASS. The data were split into 2 samples and the following regression results were obtained from the split data. c) Based on a comparison of the two sets of output, does it appear that there is heteroscedasticity in the data set? Explain. Be sure to write down your null and alternative hypothesis, calculate the test statistic, and find your critical value (test at the 5% level of significance).3. Wine Participant magazine has collected average price per bottle for the prestigious Chateau Le Thundebird bordeaux for different vintages (years). The data appears in the table below. year of bottling price a) draw the scatter diagram showing how wine price varies by vintage year b) use the most appropriate regression equation to determine the relationship between year of bottling (age) and price. c) what is the explanatory power (RSQ) of that equation d) determine the predicted price of a bottle of this wine for the 2017 vintage. 2009 36 2010 40 2011 51 2012 60 2013 68 2014 72 2015 70 2016 65 2018 51 2019 44 2020 39
