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Attempt only if you are sure! 15) Bivariate data (4, 10),(1, 3),(0, 2) is assumed to arise from the model yi = b|xi 3| +

Attempt only if you are sure!

15) Bivariate data (4, 10),(1, 3),(0, 2) is assumed to arise from the model

yi = b|xi 3| + ei, where b is a constant and ei are independent random variables.

(a) What assumptions are needed on ei so that it makes sense to do least squares fit of

a curve y = b|x 3| to the data?

(b) Given the above data, determine the least squares estimate for b.

For this problem we want you to calculate all the way to a fraction b = r/s, where r and s s are integers.

Over the past years, data shows that the regular admissions procedure, a candidate could submit his application to the Medical School beginning in July of the year preceding the academic year for which admission was sought. Record 149. Because of the large number of applications,[2]the admissions committee screened each one to select candidates for further consideration. Candidates whose overall undergraduate grade point averages fell below 2.5 on a scale of 4.0 were summarily rejected.Id.,at 63. About

274

*274one out of six applicants was invited for a personal interview.Ibid.Following the interviews, each candidate was rated on a scale of 1 to 100 by his interviewers and four other members of the admissions committee. The rating embraced the interviewers' summaries, the candidate's overall grade point average, grade point average in science courses, scores on the Medical College Admissions Test (MCAT), letters of recommendation, extracurricular activities, and other biographical data.Id.,at 62. The ratings were added together to arrive at each candidate's "benchmark" score. Since five committee members rated each candidate in 1973, a perfect score was 500; in 1974, six members rated each candidate, so that a perfect score was 600. The full committee then reviewed the file and scores of each applicant and made offers of admission on a "rolling" basis.[3]The chairman was responsible for placing names on the waiting list. They were not placed in strict numerical order; instead, the chairman had discretion to include persons with "special skills."Id.,at 63-64.

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