An admissions officer is trying to choose between two methods of predicting first- year scores. One method

Question:

An admissions officer is trying to choose between two methods of predicting first-

year scores. One method has an r.m.s. error of 12. The other has an r.m.s. error of 7. Other things being equal, which should he choose? Why? pl875

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Statistics

ISBN: 9780393522105

4th Edition

Authors: David Freedman, Robert Pisani, Roger Purves

See More Books

Question Posted: Sep 19, 2024 02:22 PM

See More Questions

Your friend Jin is working at Company AUS Toys, an Australian manufacturing company, selling toys to Company Toy Shop. Company Toy Shop also buys toys from Company CNY Toys in China which has fixed...
A building code requires that a building be able to withstand a specific amount of wind pressure. The pressure P (in pounds per square foot) from wind blowing at s miles per hour is given by P =...
The E-Commerce Dimension Could Amanda have established Drs. Gubin and Ogatas apparent authority if Desert Hospital had maintained a Web site that advertised the services of the CPSP clinic and stated...
An admissions officer is trying to choose between two methods of predicting first- year scores. One method has an r.m.s. error of 12. The other has an r.m.s. error of 7. Other things being equal,...
Presented here are long-term liability items for Evenson Inc. at December 31, 2014. Prepare the long-term liabilities section of the balance sheet for Evenson Inc. Bonds payable (due 2018)..........
Seattle Western University has provided the following data to be used in its service department cost allocations: Service Departments Operating Departments Facility Administration Services Programs...
A regression line for predicting income has an r.m.s. error of $2,000. It predicts someone's income as $20,000. This is likely to be right give or take: a few hundred dollars, a few thousand dollars,...
A regression line for predicting test scores has an r.m.s. error of 8 points. (a) About 68% of the time, the predictions will be right to within ___ points. (b) About 95% of the time, the predictions...
Summarize physical flow and compute equivalent units (Learning Objective 2) Refer to the Polar Springs Filtration Department Data Set. At Polar Spring, water is added at the beginning of the...
What techniques are available or would you suggest for mitigating the loss of customer interaction that results from outsourcing customer-facing functions, such as companies selling products on...
1. Compare Costco's current year net income and earnings per share with prior year(s). Were there significant changes that took place? If so, what were they and what was their cause? 2. Analyze...
Given the current structure of chosen org., decide whether a redesign would help your organization compete more effectively, or reach its mission and values more successfully OR no change is...
1 . Examine which database solution your organization is currently employing. Once this has been determined, interview ( where available ) the decision - maker for employing this application as a...
Tom, age 48, is advised by his family physician that he needs back surgery to correct a problem from his last back surgery. Since Tom is in a wheel chair, he needs his wife, Jean, to accompany him on...
Draw all isomers of C4H9Br, name them, and arrange them in order of decreasing reactivity in the SN2 reaction.
Choose a company from the SEC EDGAR Web site for your Key Assignment to evaluate for the impact of convergence to IFRS. Review the financial reports and notes of the company you have chosen from the...
A continuous random variable X that can assume values between x = 1 and x = 3 has a density function given by f(x) = 1/2. (a) Show that the area under the curve is equal to 1. (b) Find P(2 < X <...
A continuous random variable X that can assume values between x = 2 and x = 5 has a density function given by f(x) = 2(1 + x)/27. Find (a) P(X < 4); (b) P(3 < X < 4).
For the density function of Exercise 3.17, find F(x). Use it to evaluate P(2 < X < 2.5).

An admissions officer is trying to choose between two methods of predicting first- year scores. One method

Question:

Step by Step Answer:

Statistics

Students also viewed these Business questions