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This document contains solutions to problems from a statistics course. It discusses minimizing risk functions for regression problems using different loss functions like squared error and absolute error. It also covers regularization for linear regression using ridge regression. Finally, it examines optimal decision rules for classification problems under different misclassification costs and applying these concepts to a medical testing problem.
This document contains solutions to problems from a statistics course. It discusses minimizing risk functions for regression problems using different loss functions like squared error and ab…