STAT 302 Midterm: STAT302 Midterm 2 Practice Version A

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24 Oct 2018
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Calculators and one 8. 5 11 inch formula sheet are a allowed. Please write your answers in an exam booklet. You may write in pen or pencil, but must write in pen if you wish to challenge your grading after the exam is returned: (14 marks) fortune magazine publishes a list of the world"s billionaires each year. We will examine the top 97 of the 1992 list. Europe, middle east, united states, and other) are reported. Wealth is a right-skewed variable, so we will consider the natural logarithm log. wealth to be the response and will see if age and geographic location are predictors. (a) (2 marks) let. E be a variable that is 1 if the person is from europe and 0 otherwise, M be a variable that is 1 if the person is from the middle east and 0 otherwise, O be a variable that is 1 if the person is from the other region and and 0 otherwise, and.

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