Question: Suppose that Yi = 0 + 1Xi + i, where i is N(0, 0.3), 0 = 1.4, and 1 = 1.7. (a) What are the
(a) What are the conditional mean and standard deviation of Yi given that Xi = 1? What is P(Yi ≤ 3|Xi = 1)?
(b) A regression model is a model for the conditional distribution of Yi given Xi. However, if we also have a model for the marginal distribution of Xi, then we can find the marginal distribution of Yi. Assume that Xi is N(1, 0.7). What is the marginal distribution of Yi? What is P(Yi ≤ 3)?
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Part a Y i N14 17 03 N31 03 To compute PY i 3X i 1 in R this would be pnorm 3 ... View full answer
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