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A researcher applies a random forest model to a very large set of genetic data to estimate the risk of getting throat cancer. The researcher would like to use 10-fold cross validation to estimate the test error of the random forest model. Suggest a more computationally efficient way of estimating the test error.
Under FASB-52, what is the translation gain (loss) in Yen if dollar is the functional currency?
You are the manager of a large crude-oil refinery. As part of the refining process, a certain heat exchanger must be replaced every year. The replacement and downtime cost in the first year is $180,000. how much could you afford to spend for a higher..
Consider a subway company whose cost function is given by C(T) = 1000 +T. Due to the government regulation, this company must set the fare per passenger at the marginal cost (MC pricing). Is this pricing efficient? Would this company run the business..
What is the Federal Reserve (Fed) all about? Which Federal Reserve District Bank is closest to you? Who is the current Chairman of the Fed? Should the Fed remain independent from political authority or should the President and Congress have a say in ..
Suppose the demand curve for a public park is Q = 80 –2p, where Q is the number of visitor-days and p is the entry price. The marginal cost of operating the park is MC = 10. What is the efficient level of entrance fee and the number of visitors at th..
Why is the portion of the marginal cost curve above the minimum average variable cost the short run supply curve in Perfect Competition?
There are only two individuals that make up the market demand for this market. Person 1 is willing to pay a price P = 200 - 50 q1 for each quantity q1 that person 1 consumes. The willingness to pay for person 2 is P = 200 - 100 q2. what is the equil..
Elucidate the concept of the opportunity cost. your answer could consider opportunity cost in the context of the production possiblity curve.
What kinds of changes in underlying conditions can cause the supply curve to shift? Give some examples and explain the direction in which the curve shifts.
What is the common mode gain? The figure shows the output voltage of an OP AMP in response to a step input. What is the slew rate?
Why might it be incorrect to interpret the coefficient on private school attendance as the causal effect of attending a private school on graduation?
What is the capitalized equivalent cost of a dam that will cost $25 million now and will require $2 million in maintenance annually? The effective annual rate is 12%.
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