100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
ISYE6414 FINAL EXAM / ISYE6414 FINAL EXAM REAL EXAM QUESTIONS AND 100% CORRECT ANSWERS PLUS RATIONALES/ ALREADY GRADED A $10.77   Add to cart

Exam (elaborations)

ISYE6414 FINAL EXAM / ISYE6414 FINAL EXAM REAL EXAM QUESTIONS AND 100% CORRECT ANSWERS PLUS RATIONALES/ ALREADY GRADED A

 0 view  0 purchase
  • Course
  • Institution

ISYE6414 FINAL EXAM / ISYE6414 FINAL EXAM REAL EXAM QUESTIONS AND 100% CORRECT ANSWERS PLUS RATIONALES/ ALREADY GRADED A

Preview 4 out of 59  pages

  • July 12, 2023
  • 59
  • 2022/2023
  • Exam (elaborations)
  • Unknown
avatar-seller
ISYE6414 FINAL EXAM 2022-2024 / ISYE6414 FINAL EXAM
REAL EXAM QUESTIONS AND 100% CORRECT ANSWERS
PLUS RATIONALES/ GRADED A




The prediction interval of one member of the population will always be larger
than the confidence interval of the mean response for all members of the
population when using the same predicting values. -ANSWER-- true

See 1.7 Regression Line: Estimation & Prediction Examples
"Just to wrap up the comparison, the confidence intervals under estimation are
narrower than the prediction intervals becausethe prediction intervals have
additional variance from the variation of a new measurement."

In ANOVA, the linearity assumption is assessed using a plot of the response
against the predicting variable. -ANSWER-- false

See 2.2. Estimation Method
Linearity is not an assumption of ANOVA.

If the model assumptions hold, then the estimator for the variance, σ ^ 2, is a
random variable. -ANSWER-- true

See 1.8 Statistical Inference
We assume that the error terms are independent random variables. Therefore, the
residuals are independent random variables. Since σ ^ 2 is a combination of the
residuals, it is also a random variable.

The mean sum of squared errors in ANOVA measures variability within
groups. -ANSWER-- true

See 2.4 Test for Equal Means
MSE = within-group variability

The simple linear regression coefficient, β ^ 0, is used to measure the linear
relationship between the predicting and response variables. -ANSWER-- false

,See 1.2 Estimation Method
β ^ 0 is the intercept and does not tell us about the relationship between the
predicting and response variables.

The sampling distribution for the variance estimator in simple linear regression is χ
2 (chi-squared) regardless of the assumptions of the data. -ANSWER-- false

See 1.2 Estimation Method
"The sampling distribution of the estimator of the variance is chi-squared,
with n - 2 degrees of freedom (more on this in a moment). This is under the
assumption of normality of the error terms."

β ^ 1 is an unbiased estimator for β 0. -ANSWER-- False

See 1.4 Statistical Inference
"What that means is that β ^ 1 is an unbiased estimator for β 1." It is not an
unbiased estimator for β 0.

If the pairwise comparison interval between groups in an ANOVA model
includes zero, we conclude that the two means are plausibly equal. -ANSWER-
- true

See 2.8 Data Example
If the comparison interval includes zero, then the two means are not statistically
significantly different, and are thus, plausibly equal.

Under the normality assumption, the estimator for β 1 is a linear combination
of normally distributed random variables. -ANSWER-- true

See 1.4 Statistical Inference
"Under the normality assumption, β 1 is thus a linear combination of normally
distributed random variables... β ^ 0 is also linear combination of random
variables"

An ANOVA model with a single qualitative predicting variable containing k
groups will have k + 1 parameters to estimate. -ANSWER-- true

See 2.2 Estimation Method

,We have to estimate the means of the k groups and the pooled variance estimator, s
p o o l e d 2.

In simple linear regression models, we lose three degrees of freedom when
estimating the variance because of the estimation of the three model
parameters β 0 , β 1 , σ 2. -ANSWER-- false

See 1.2 Estimation Method
"The estimator for σ 2 is σ ^ 2, and is the sum of the squared residuals, divided by
n - 2."

The pooled variance estimator, s p o o l e d 2, in ANOVA is synonymous with
the variance estimator, σ ^ 2, in simple linear regression because they both use
mean squared error (MSE) for their calculations. -ANSWER-- true

See 1.2 Estimation Method for simple linear regression
See 2.2 Estimation Method for ANOVA
The pooled variance estimator is, in fact, the variance estimator.

The normality assumption states that the response variable is normally
distributed. -ANSWER-- false

See 1.8 Diagnostics
"Normality assumption: the error terms are normally distributed."
The response may or may not be normally distributed, but the error terms are
assumed to be normally distributed.

If the constant variance assumption in ANOVA does not hold, the inference
on the equality of the means will not be reliable. -ANSWER-- true

See 2.8 Data Example
"This is important since without a good fit, we cannot rely on the statistical
inference."
Only when the model is a good fit, i.e. all model assumptions hold, can we rely on
the statistical inference.

A negative value of β 1 is consistent with an inverse relationship between the
predictor variable and the response variable. -ANSWER-- true

See 1.2 Estimation Method

, "A negative value of β 1 is consistent with an inverse relationship"

The p-value is a measure of the probability of rejecting the null hypothesis. -
ANSWER-- false

See 1.5 Statistical Inference Data Example
"p-value is a measure of how rejectable the null hypothesis is... It's not the
probability of rejecting the null hypothesis, nor is it the probability that the null
hypothesis is true."

We assess the constant variance assumption by plotting the error terms, ϵ i,
against fitted values. -ANSWER-- false

See 1.2 Estimation Method
"We use ϵ ^ i as proxies for the deviances or the error terms. We don't have the
deviances because we don't have β 0 and β 1.

With the Box-Cox transformation, when λ = 0 we do not transform the
response. -ANSWER-- false

See 1.8 Diagnostics
When λ = 0, we transform using the normal log.


The sampling distribution of β ^ 0 is a
t-distribution
chi-squared distribution
normal distribution
None of the above -ANSWER-- t-distribution

See 1.4 Statistical Inference
The distribution of β 0 is normal. Since we are using a sample and not the full
population, the sampling distribution of β ^ 0 is the t-distribution.

A data point far from the mean of the x's and y's is always:

an influential point and an outlier
a leverage point but not an outlier
an outlier and a leverage point
an outlier but not a leverage point

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller ian5. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $10.77. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

79850 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$10.77
  • (0)
  Add to cart