Question: 1 (i) For a binary response y, let - y be the proportion of ones in the sample (which is equal to the sample average
1 (i) For a binary response y, let - y be the proportion of ones in the sample (which is equal to the sample average of the yi ). Let qˆ0 be the percent correctly predicted for the outcome y 0 and let qˆ1 be the percent correctly predicted for the outcome y 1. If pˆ is the overall percent correctly predicted, show that ˆ p is a weighted average of qˆ0 and qˆ1: pˆ (1 - y) qˆ0 - yqˆ1. (ii) In a sample of 300, suppose that - y .70, so that there are 210 outcomes with yi 1 and 90 with yi 0. Suppose that the percent correctly predicted when y 0 is 80, and the percent correctly predicted when y 1 is 40. Find the overall percent correctly predicted.
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