Question

The odds of an event occurring is: the ratio of a probability to its complement. the...

The odds of an event occurring is:

the ratio of a probability to its complement.

the probability of getting the observed results given the fitted regression coefficients.

the probability of a dependent variable being a particular value.

the critical value based on the alpha level selected and the number of degrees of freedom.

Math   Statistics-And-Probability   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

The odds of an event occurring are equal to the ratio of number of  favorable outcomes to number of unfavorable outcomes.

odds of an event = number of favourable cases/number of unfavourable cases

=Probability of the event/probability of its complement.

(Both divided by the number of all possible cases is the ratio of probability of the event to probability of its complement.)

So,the odds of an event occurring is the ratio of a probability to its complement.

So,first option is correct.

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
39. To locate the appropriate t value, which is not necessary? A. degrees of freedom b....
39. To locate the appropriate t value, which is not necessary? A. degrees of freedom b. level of confidence c. population mean d. variability in the population 40. The critical value (which is determined by the confidence level and corresponding alpha) is set by the researcher True or False 41. A “p-value” represents a. the practical solution b. the probability of the observed value occurring IF the hypothesis is true c. the probability of the observed value occurring IF the...
1. Each observation in the following data set shows a person's income (measured in thousands of...
1. Each observation in the following data set shows a person's income (measured in thousands of dollars) and whether that person purchased a particular product last year. Assign a zero for a No purchase and a 1 for a Yes, and estimate a logit model for the purchase of this product. a. Write down the estimated logit model b. Calculate the probability of buying the product if income is $40 (i.e., $40,000). c. Calculate the probability of buying the product...
True or False: 10. The probability of an event is a value which must be greater...
True or False: 10. The probability of an event is a value which must be greater than 0 and less than 1. 11. If events A and B are mutually exclusive, then P(A|B) is always equal to zero. 12. Mutually exclusive events cannot be independent. 13. A classical probability measure is a probability assessment that is based on relative frequency. 14. The probability of an event is the product of the probabilities of the sample space outcomes that correspond to...
1. In R, inverse probability distribution functions start with q (no reason why really; it’s just...
1. In R, inverse probability distribution functions start with q (no reason why really; it’s just a convention). To calculate the critical value for a two-tailed t-test with n − k = 100 and α = 0.05, use the inverse t distribution command. For the inverse t function, type qt(1-0.05/2, 100). To find the one-tailed critical value for a t distribution for α = 0.01 and 100 degrees of freedom, type qt(1-0.01, 100). 2. To find the critical value from...
On a typical night in a large​ city, about​ 25,000 people attend a theatrical​ event, paying...
On a typical night in a large​ city, about​ 25,000 people attend a theatrical​ event, paying an average cost of over ​$110 per ticket. The results of a multiple regression of weekly data for the receipts in millions of​ dollars, the paid attendance in​ thousands, the number of​ shows, and the average ticket price are found below. Write the regression model. Receipts = −17.0253 + 0.1116 Attendance + 0.0071 ​# Shows + 0.2016 Price 1.What does the coefficient of Attendance...
A Spearman rank order correlation is appropriate for ____________ data because a(n) ______________ cannot be computed....
A Spearman rank order correlation is appropriate for ____________ data because a(n) ______________ cannot be computed. ranked; meaningful order nonparametric; population parameter ordered; standard deviation ordinal; meaningful mean The F-ratio is not based directly on SS values because the ____________ for each source vary. degrees of freedom expected frequencies main effects actual frequencies simple main effects estimated means In order to observe an interaction, there must be a main effect of each variable. differences in the marginal means. heterogeneous data....
When group is truly selected randomly from a population, the probability of its mean value being...
When group is truly selected randomly from a population, the probability of its mean value being higher than the parameter mean is a. 0.00 b. .50 c. 1.00 d. .33 Whenever the mean of the distribution of differences equals zero, then one can be fairly safe in concluding that: a. the samples probably represent a single population b. the samples probably represent different populations c. there was absolutely no sampling error d. actual standard score Sampling error is assumed to...
A bank branch located in a commercial district of a city has the business objective of...
A bank branch located in a commercial district of a city has the business objective of improving the process for serving customers during the noon-to-1:00 P.M. lunch period. The waiting time is defined as the time the customer enters the line until he or she reaches the teller window. The bank wants to determine if the mean waiting time is less than 5 minutes. A random sample of 15 customers is selected. Results found that the sample mean waiting time...
Use Data Analysis in Excel to conduct the Regression Analysis to reproduce the excel out put...
Use Data Analysis in Excel to conduct the Regression Analysis to reproduce the excel out put below (Note: First enter the data in the next page in an Excel spreadsheet) Home Sale Price: The table below provides the Excel output of a regression analysis of the relationship between Home sale price(Y) measured in thousand dollars and Square feet area (x):    SUMMARY OUTPUT Dependent: Home Price ($1000) SUMMARY OUTPUT Dependent: Home Price ($1000) Regression Statistics Multiple R 0.691 R Square 0.478...
The output below is from a study that used multiple linear regression analysis to link dependent...
The output below is from a study that used multiple linear regression analysis to link dependent variable y to x1 and x2.The sample consisted of 28 observations.    Coeff Std Error t Stat P-value Intercept 85 34.10 2.493 .0196 b1 -1.2 .88 -1.364 .1847 b2 3.5 1.12 3.125 Use the appropriate t tests to determine which, if any, of the individual coefficients are statistically significant at the 5% significance level. Report your conclusion. CHoose from A,B,C, and D below A)...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT