Find the probability distribution for x

Assignment Help Econometrics

Reference no: EM131161110

A random variable X is defined to be the larger of the two values when two dice are thrown, or the value if the values are the same. Find the probability distribution for X.

Reference no: EM131161110

Questions Cloud

Explain what constitutes the components of a standard cost : Define a standard cost and explain what constitutes the components of a standard cost. Describe the advantages and disadvantages of a standard cost system.

Find the probability distribution for x : A random variable X is defined to be the difference between the higher value and the lower value when two dice are thrown. If they have the same value, X is defined to be 0. Find the probability distribution for X.

Explain advantages and disadvantages of ctt and irt : An explanation of advantages and disadvantages of CTT and IRT. Describe two specific circumstances for which IRT might provide meaningful benefits if applied to the development or implementation of the test that you are proposing for your Final Pr..

What would be the half life of sewage : suppose some sewage drifting down a stream decomposes with a reaction rate coefficient equal to 0.2/d. - What would be the half life of sewage?how much would be left after 5 days??

Find the probability distribution for x : A random variable X is defined to be the larger of the two values when two dice are thrown, or the value if the values are the same. Find the probability distribution for X.

Reflect on whether or not budgets were effectively applied : Budgets play a critical role in management activities such as planning, controlling and motivating employees. Reflect on whether or not the budgets were effectively applied and whether your experience was positive or negative.

Perform a logarithmic regression of expenditure : Perform a logarithmic regression of expenditure on your commodity on income and relative price, first using OLS and then using the option for AR(1) regression. Compare the coefficients and standard errors of the two regressions and comment.

Examine the durbin-watson statistic for the logarithmic : Examine the Durbin-Watson statistic for the logarithmic demand function that you fitted in Exercise 12.4. Is there evidence of autocorrelation? If so, what are the implications for the statistical tests you performed?

What specifically is a break even analysis : What specifically is a break-even analysis and how is this tool important in our marketing efforts?- What is a SWOT Analysis and how might a Marketing Manager utilize this in their efforts?

User Account

All Pages