Intro Stats, Books a la Carte Edition (5th Edition)
5th Edition
ISBN: 9780134210285
Author: Richard D. De Veaux, Paul Velleman, David E. Bock
Publisher: PEARSON
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Chapter 9, Problem 3E
a.
To determine
Write the multiple regression equation to predict USGross depending upon the other variables.
b.
To determine
Give the interpretation of the coefficient of Budget in the regression model.
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3. Bayesian Inference – Updating Beliefs
A medical test for a rare disease has the following characteristics:
Sensitivity (true positive rate): 99%
Specificity (true negative rate): 98%
The disease occurs in 0.5% of the population.
A patient receives a positive test result.
Questions:
a) Define the relevant events and use Bayes’ Theorem to compute the probability that the patient actually has the disease.b) Explain why the result might seem counterintuitive, despite the high sensitivity and specificity.c) Discuss how prior probabilities influence posterior beliefs in Bayesian inference.d) Suppose a second, independent test with the same accuracy is conducted and is also positive. Update the probability that the patient has the disease.
4. Linear Regression - Model Assumptions and Interpretation
A real estate analyst is studying how house prices (Y) are related to house size in square feet (X). A simple
linear regression model is proposed:
The analyst fits the model and obtains:
•
Ŷ50,000+150X
YBoB₁X + €
•
R² = 0.76
• Residuals show a fan-shaped pattern when plotted against fitted values.
Questions:
a) Interpret the slope coefficient in context.
b) Explain what the R² value tells us about the model's performance.
c) Based on the residual pattern, what regression assumption is likely violated? What might be the
consequence?
d) Suggest at least two remedies to improve the model, based on the residual analysis.
Chapter 9 Solutions
Intro Stats, Books a la Carte Edition (5th Edition)
Ch. 9.4 - Recall the regression example in Chapter 7 to...Ch. 9.4 - Prob. 2JCCh. 9.4 - Prob. 3JCCh. 9 - Housing prices The following regression model was...Ch. 9 - Candy sales A candy maker surveyed chocolate bars...Ch. 9 - Prob. 3ECh. 9 - Prob. 4ECh. 9 - Prob. 5ECh. 9 - Prob. 6ECh. 9 - Movie profits once more Look back at the...
Ch. 9 - Prob. 8ECh. 9 - Prob. 9ECh. 9 - More indicators For each of these potential...Ch. 9 - Interpretations A regression performed to predict...Ch. 9 - Prob. 12ECh. 9 - Prob. 13ECh. 9 - Scottish hill races Hill runningraces up and down...Ch. 9 - Prob. 15ECh. 9 - Candy bars per serving: calories A student...Ch. 9 - Prob. 17ECh. 9 - More hill races Here is the regression for the...Ch. 9 - Prob. 19ECh. 9 - Home prices II Here are some diagnostic plots for...Ch. 9 - Admin performance The AFL-CIO has undertaken a...Ch. 9 - GPA and SATs A large section of Stat 101 was asked...Ch. 9 - Prob. 23ECh. 9 - Breakfast cereals We saw in Chapter 7 that the...Ch. 9 - Breakfast cereals again We saw a model in Exercise...Ch. 9 - Prob. 26ECh. 9 - Hand dexterity Researchers studied the dexterity...Ch. 9 - Candy bars with nuts The data on candy bars per...Ch. 9 - Scottish hill races, men and women The Scottish...Ch. 9 - Scottish hill races, men and women climbing The...
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