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- Consider the following data set: (x, y) : (1.0, 5.1), (1.25, 5.79), (1.5, 6.53), (1.75, 7.45), (2.0, 8.46) If the least squares approximation of the form beax is y=(3.07) e0.5056)x then the total error is: Select one: O a. 0.150 O b. 0.0015 O c. 1.150 O d. 0.015How do we do in excelThis dataset continues our saga of modeling the price of this popular Honda automobile. The dataset has now been cleaned to remove the columns with the dealership where the car was offered for sale and specific trim. (a) write out your model in econometric notation. Be very precise! (b) using the 93 observations in the dataset, estimate a model where price is a function of age, mileage and trim of the car. Be sure to avoid the dummy variable trap!! Fully report the results of your model. In this case, interpretation of the coefficients on the dummy variables is particularly important. (c) test the hypothesis that the specific trim does not affect the price of a Civic. Be sure to do all parts of the hypothesis test. (please fully describe steps if you are using Excel) Price Years Old KM EX EXT SE Sport Touring 6555 9 290363 0 0 0 0 0 9999 9 142258 0 0 0 0 0 10281 6 132644 0 0 0 0 0 12480 5 167125 0 0 0 0 0 12991 7 57398 0 0 0 0 0 12991 6 93046 0 0 0 0 0 12991…
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- A score S is used to predict whether a disease is present. If the score is greater than a threshold value, the corresponding person is classified as ill, otherwise as healthy. Here, the scores S; for 9 persons are given. Furthermore, it is known whether the persons are actually ill (Y, = 1) or not (Yi = 0). The data look as follows: S; | Y; 0.3 0 1.2 1 0.7 0.8 1 0.1 0.4 1 1.1 0 0.2 0 1.4 1 (a) Draw by hand the ROC curve for the given data. Explain your procedure and the calcu- lation methods. (b) Calculate the area under the curve (AUC) by hand. Does this value indicate a good or bad classification? (c) Calculate the partial area under the curve (PAUC) if the specificity is to be at least 0.65. How do you judge this value?In the following table, price of a used car is given in terms of the percentage of the car's original price. Want to estimate price of a used car based on its mileage and age. Find the best linear fit to minimize the 2-norm of the approximation error. Age Mileage Percent of Original Price 1 5000 90 2 10000 85 2 15000 80 3 15000 75 34 20000 75 20000 70 4 30000 65 55 30000 60 40000 50"ple: Find the linear least squares approximation to the data: - 1 0.5 Yi 2 4
- Braking Reaction Times: Histogram Listed below are sorted braking reaction times (in 1/10,000 sec) for male and female subjects (based on data from the RT-2S Brake Reaction Time Tester). Construct a histogram for the reaction times of males. Use a class width of 8 and use 28 as the lower limit of the first class. For the horizontal axis, use class midpoint values. Does it appear that the data are from a population with a normal distribution?HW22: Please help me answer all sections5) Using the method of Least Squares, determine the value of y when x = 3.0 in the equation y = Ae By using the given data: X 2.07 8.60 14.42 15.80 y 2 13 4