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Homework answers / question archive / QUESTION 1 The next questions refer to the following situation In the provided to meet the letter that corresponds to the correct answer

QUESTION 1 The next questions refer to the following situation In the provided to meet the letter that corresponds to the correct answer

Psychology

QUESTION 1 The next questions refer to the following situation In the provided to meet the letter that corresponds to the correct answer. For example, it the correct answer is") 1.990", Insert only as the correct answer sampe et houses that were sold in the last year was taken the value of the house in dollars was estimated. The independent variables included in the analysis were the number of room beste bathroom and a dummy variable (X4), which equals of the house does not have a garage and equals 1 otherwise. The following results were obtained (use a level of sagnificance equal to 5 Coefficients Intercept X; Standard Error 18.2325 2.178.4 778.0 X2 7.8 2.2. X3 2,675 2 2,2293 1,1578 463.1 Analysis of Variance DF SS MS 204,242.88 Regression Residual (Error) 205,890.00 1. Estimate the value of a house that has 9 rooms, a lot with an area of 7,500 square foot, 2 bathrooms, and 2 garages. The letter associated with the correct answer is a) 87.689.50 b) 93,311 11 c) 99 846 30 d) 102 846 30 e) None of the above II. Test whether or not there is a significant relationship between the value of the house and the number of bathrooms. The letter associated with the correct answer is a) there is not a significant relationship between the value of the house and the number of bathrooms b) there is a significant relationship between the value of the house and the number of bathrooms c) there is significant relationship between the value of the house and the size of the lot. d) there is not a significant relationship between the value of the house and the size of the lot e) None of the above I. Find the F-critical and Festimated for this multiple regression problem. The letter associated with the correct answer is 5) 276 and 6 2 respectively b) 2 93 and 4.46 respectively 12.78 and 5.95 respectively di 3.06 and 3.72 respectively In the provided blank, insert the letter that corresponds to the correct answer. For example, if the correct answer is "a) x = 10 ", insert only "a" as the correct answer. 15% of a bank's loans are personal and the rest are commercial. In the past, 10% of commercial loans and 14% of personal loans have defaulted. If we assume these percentages will hold in the future, answer the following: Please, round to two decimal places! I. If the loan defaults, what is the probability that it is a commercial loan? The letter associated with the correct answer is a) 0.80 b) 0.83 c) 0.86 d) 0.90 e) None of the above II. What is the probability that it is a personal loan if the loan does not default? The letter associated with the correct answer is a) 0.14 b) 0.21 C) 0.27 d) 0.42 e) None of the above III. Given that the loan is commercial, what is the probability that the loan does not default?

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