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ETC1000 - Business and economic statistics - S2 2025

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For males in your sample, what is the mean parental_income

  • Hint: Group your data by the gender variable (which contains 3 levels: Female, Male, Other) then compute the mean
  • Round your answer to the nearest whole number
  • Do not include units in your answer

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What is the mean parental_income for your sample of 100 students? 

  • Round your answer to the nearest whole number
  • Do not include units with your answer.

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Using your model from the previous question:

  1. Predict the final year average classification for your sample, use a threshold of 0.50 for your prediction classifications.
  2. Compare the model predictions to the actual classifications.

What is the true negative count for this scenario? Here, treat negative as Group 0 (i.e. scoring less than 80).

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What is the overall accuracy for your classification model? 

  • Report your answer in decimal format, rounded to two decimal places.

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Create a new variable (call it grade) that categorises Final_year_average into two levels for your sample:

  • 0 = less than 80
  • 1 = 80 or above

How many students in your sample are in Group 1 (80 or above)?

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What is the correlation between screen_time_hours and Final_year_average, for your sample? 

  • Round your answer to two decimal places.

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For males in your sample, what is the mean sleep_hours_per_night

  • Hint: Group your data by the gender variable (which contains 3 levels: Female, Male, Other) then compute the mean
  • Round your answer to 1 decimal place.
  • Do not include units in your answer

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What is the Adjusted R2 value for your linear model from the previous question? Round your answer to three decimal places.

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What is the mean sleep_hours_per_night for your sample of 100 students? 

  • Round your answer to one decimal place
  • Do not include units with your answer.

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True or False: The lower threshold probability results in more claims being investigated.

100%
0%
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