You are asked several conceptual statistics questions:
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Two banks each have 5 tellers. Bank A uses one common queue feeding all 5 tellers. Bank B uses 5 separate queues, one per teller. Assume tellers are equally skilled, customers are served first-come-first-served, and arrival/service rates are otherwise similar. Which system would you rather join, and why?
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Sketch and describe the distribution of adult male heights in the United States, adult female heights in the United States, and the combined distribution when both groups are pooled together.
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On a social network such as LinkedIn, sketch the distribution of users' number of connections. Is it symmetric, left-skewed, or right-skewed? For that distribution, compare the mean, median, and mode, and explain why.
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Are L1-regularized (lasso) and L2-regularized (ridge) estimators unbiased? Why or why not?