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What to examine when assessing the bivariate relationship between a Factor predictor variable and a binary target variable? A table to asses (with rows as factor levels) the mean probabilities, counts of observations of each factor, and counts of each observation of each binary target. What to examine when assessing the bivariate relationship between a Continuous predictor variable and a binary target variable? - A graph with separate histograms for a continuous variable, one for those ...

What to examine when assessing the bivariate relationship between a Factor predictor variable and a binary target variable? - Answer- A table to asses (with rows as factor levels) the mean probabilities, counts of observations of each factor, and counts of each observation of each binary target. What to examine when assessing the bivariate relationship between a Continuous predictor variable and a binary target variable? - Answer- - A graph with separate histograms for a continuous variable, ...

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SOA PA Exam Questions with verified Answers What to examine when assessing the bivariate relationship between a Factor predictor variable and a binary target variable? What to examine when assessing the bivariate relationship between a Continuous predictor variable and a binary target variable? What to examine when assessing the bivariate relationship between a Factor predictor variable and a Continuous target variable? What to examine when assessing the bivariate relationship between a...

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Bernoulli Trial - An experiment in which there are exactly two possible outcomes Binomial distribution - A random variable X represents the number of successes observed from the n Bernoulli trials Binomial Parameters - n = number of trials p = probability of success q = 1-p Binomial probability function (f(x)) - E[X] binomial function - E[x] = np var(x) binomial function - var(x) = npq MGF binomial function - Additive property of binomial function - Sum of independent binomially dist...