Probability 1.) AE-2 List the enduring understandings for a content-area unit to be implemented over a three- to five- week time period. Explain how the enduring understandings serve to contextualize (add context or way of thinking to) the content-area standards. Unit: Data and Probability Time: 3 weeks max Enduring Understanding: “Student Will Be Able To: - Know what probability is (chance‚ fairness‚ a way to observe our random world‚ the different representations) - Know what the
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PROBABILITY DISTRIBUTION In the world of statistics‚ we are introduced to the concept of probability. On page 146 of our text‚ it defines probability as "a value between zero and one‚ inclusive‚ describing the relative possibility (chance or likelihood) an event will occur" (Lind‚ 2012). When we think about how much this concept pops up within our daily lives‚ we might be shocked to find the results. Oftentimes‚ we do not think in these terms‚ but imagine what the probability of us getting behind
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Problem Set 2 Complete all questions listed below. Clearly label your answers 1. What impact would a change that shifts an economy’s production possibilities curve outward have on the long run aggregate supply curve? How have improvements in computer technology affected production possibilities and the long run aggregate supply curve? Explain Answer: Growth of population and the labor-force participation rate Capital accumulation Improvements in technology 2
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Calculate the budgeted cost of trophies and plaques if Tarquin allocated overhead costs in each department using activity-based costing. 4. Explain how the disaggregation of information could improve or reduce decision quality. Problem E 1 Overhead rate = Total overhead 56‚346 0.712113744 71.211% Total Direct costs $79‚125 Tarquin’s Trophies Budgeted Information For the Year Ended November 30‚ 2011 Forming Department Trophies Plaques Total Direct materials
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Problem Set 4 Complete all questions listed below. Clearly label your answers. 1. What determines whether a financial asset is included in the M1 money supply? Why are interest-earning checkable deposits included in M1‚ whereas interest-earning savings accounts and Treasury bills are not? If the financial asset can be turned into real money fast. Intrest earning checkable deposits are included because they can be converted quickly into paper money. Intrest earning savings accounts and treasury
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CS578/STAT590: Introduction to Machine Learning Fall 2014 Problem Set 1 Joon Hee Choi Handed In: 09/14/2014 Review Questions 1. 2. 3. • ∂f ∂x = 6x − y − 11‚ ∂f ∂y • ∂f ∂x = 6x − y − 11 = 0‚ = 2y − x ∂f ∂y = 2y − x = 0 ⇒ x = 2‚ y = 1 ⇒ (x‚ y) = (2‚ 1) • (a) n = 2 w1 x1 and x = . Then‚ w2 x2 wT x + b = w1 x1 + w2 x2 + b = 0 ⇒ −x1b + Let w = w1 x2 − wb =1 2 (b) n = 3 w1 x1 Let w = w2 and x = x2 . Then‚ w3 x3 T w x + b = w1 x1 + w2 x2 + w3 x3 + b = 0 ⇒ −x1b + −x2b
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PROBLEM SET 4 1) Consider the following utility functions‚ where W is wealth: (a) U (W ) = W 2 1 (b) U (W ) = W (c) U (W ) = −W (d) U (W ) = W (e) U (W ) = ln(W ) (f) U (W ) = W 1−γ ‚ with γ = 2 1−γ How likely are each of these functions to represent actual investor preferences? Why? 2) Suppose investors have preference described by the following utility function with A > 0: U = E(r) − 1 Aσ 2 2 Each investor has to choose between three portfolios with the following characteristics:
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Problem Set 1 Complete all questions listed below. Clearly label your answers. 1. The receipts and year of release of the five movies with the largest nominal box office revenues‚ along with the CPI data of each year are presented below. Assuming that the receipts for each of the movies were derived during their year of release‚ convert the receipts for each to real dollars for the year 2010 (2010 CPI 230.1). Put the movies in order from largest to smallest real box office receipts and show
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example of an index. a. An index is a set of variables combined to measure a more abstract concept. A researcher may wish to construct an index‚ simple because a single measure may not work. For example the Uniform crime index‚ which averages the number of crimes per 100K of people‚ only having the crime of murder or robbery would not be a sufficient measure of the entire phenomena of crime what about rape‚ homicide etc. that would be adding more variables to the set so that you can measure all different
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Problem Set 3 Macroeconomics‚ ECON 2123 Sections L3 and L4 P. Sen Posted 9.11.14. Due 5 PM 17.11.14. ----------------------------------------------------------------------------------------------------------------------------------- 100 marks total Part I: True/False/Uncertain Please justify your answer with a short argument for each question and draw a diagram if necessary. (25 marks‚ 5 marks each: 2 marks for correct judgment and 3 marks for correct argument) 1. Suppose that workers in the Republic
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