Bоnus B Identify the issue: Test 2 Imаge 10.PNG [BLANK-1]
Prоvide аn аpprоpriаte respоnse.A county real estate appraiser wants to develop a statistical model to predict the appraised value of houses in a section of the county called East Meadow. One of the many variables thought to be an important predictor of appraised value is the number of rooms in the house. Using data collected for a sample of n = 74 houses, the appraiser obtained the least squares regression line, where y = appraised value of the house (in thousands of dollars) and x = number of rooms:
Prоvide аn аpprоpriаte respоnse.A dice game involves throwing three dice and betting on one of the six numbers that are on the dice. The game costs $5 to play, and you win if the number you bet appears on any of the dice. The distribution for the outcomes of the game (including the profit) is shown below: Betting on a Die Number of dice with your numbers Profit Probability of Observing 0 -$5 125/216 1 $5 75/216 2 $7 15/216 3 $15 1/216 Find your expected profit from playing this game.
Prоvide аn аpprоpriаte respоnse.An insurance actuary asked a sample of senior citizens the cause of their automobile accidents over a two-year period. The random variable x represents the number of accidents caused by their failure to yield the right of way. a) Use the frequency distribution to construct a probability distribution. Accidents Senior Citizens Relative Frequency 0 4 [relfreq0] 1 4 [relfreq1] 2 11 [relfreq2] 3 2 [relfreq3] 4 3 [relfreq4] 5 1 [relfreq5] b) Is it unusual for a senior citizen to have 3 accidents when failing to yield the right of way (Y/N)? [unusual]