91%(11)10 out of 11 people found this document helpful
This preview shows page 1 - 3 out of 5 pages.
Homework 2 - SolutionsWeek3Q1. 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)=1/51Q2. Which of the following is the reason why linear regression is not suitable for modelingbinary responses?Week4Q3.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 hasnormalizing standard deviation terms in denominator which makes it immune to the scaleof data.