Homework_2_-_Part1_ (1).pdf - Week3 Homework 2 Solutions Q1...

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Homework 2 - Solutions Week3 Q1. Given a complete deck of cards, the probability of drawing the Ace of Diamonds is 1/52.Based on this probability, what are the odds for this event? a) 1/51b) 1/52c) 51/1d) 52/1Answer: A࠵?࠵?࠵?࠵?(࠵?࠵?࠵?)=࠵?/(1−࠵?)= (1/52)/(1−1/52)=1/51 Q2. Which of the following is the reason why linear regression is not suitable for modelingbinary responses? Week4 Q3.Choose if the following statement is true or false: Correlation is sensitive to the scale ofthe data; however, covariance is not sensitive to the scale of the data.
which can be confirmed by the formula. However, in case of correlation – it has normalizing standard deviation terms in denominator which makes it immune to the scale of data.

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