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Describe how bootstrapping might be used to obtain confidence intervals for regression coefficients when ridge regression is employed.
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Titus works at a hotel. part of his job is to keep the complimentary pitcher of water at least half full and always with ice. when he starts his shift, the water level shows 4 gallons, or 128 cups of water. as the shift progresses, he records the level of the water every 10 minutes. after 2 hours, he uses a regression calculator to compute an equation for the decrease in water. his equation is w β0.414t + 129.549, where t is the number of minutes and w is the level of water. according to the equation, after about how many minutes would the water level be less than or equal to 64 cups?
Answers: 2
Describe how bootstrapping might be used to obtain confidence intervals for regression coefficients...
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