Generate one random observation from an erlang distribution

Assignment Help Basic Statistics
Reference no: EM131104500

Obtaining uniform random numbers as instructed at the beginning of the Problems section, generate four random observations from an exponential distribution with mean = 1. Then use these four observations to generate one random observation from an Erlang distribution with mean = 4 and shape parameter k = 4.

Reference no: EM131104500

Questions Cloud

Calculate the expected return from dell : Calculate the expected return from Dell. Find the highest expected return that is offered by one of these stocks. Find the lowest expected return that is offered by one of these stocks.
Midpoint method-what is the price elasticity of demand : The data in the table above give two points on the demand curve for pizza. Using the midpoint method when the price of a pizza falls from $10 to $9, what is the price elasticity of demand? 0.5, 0.6, 0.9. 2.1. 8.6 The values on the table: Price for pi..
Random observations from the probability distribution : (a) Prepare to do this by generating 16 random integer numbers from the mixed congruential generator, xn+1 ≡ (5xn + 3) (modulo 16) and x0 = 1.
Question regarding the elasticity of supply : Suppose an economist stated that "food stamps serve only to drive food prices higher, not increase the quantity of food available to the poor." For this statement to be true, identify what the elasticity of supply would have to be and explain why.
Generate one random observation from an erlang distribution : Obtaining uniform random numbers as instructed at the beginning of the Problems section, generate four random observations from an exponential distribution with mean = 1.
Illustrating the macro-economic : Assess the external competitive context for an organisation, describing and illustrating the macro-economic, industry or market, competitive environment, key success factors, opportunities and threats for the organisation by completing the followi..
Discuss the appropriate treatment in the financial statement : An amount of $113,000 realized in excess of the cash surrender value of an insurance policy on the life of one of the founders of the company who died during the year.
What results have empirical studies of the dividend theories : What results have empirical studies of the dividend theories produced? How does all this affect what we can tell managers about dividend payouts?
Human resources department strategy : Identify, analyze, and discuss a Human Resources Department strategy, structure and its functions for your newly formed company, addressing the following list of HRM challenges,issues and topics facing the workplace over the next decade.

Reviews

Write a Review

Basic Statistics Questions & Answers

  Statistics-probability assignment

MATH1550H: Assignment:  Question:  A word is selected at random from the following poem of Persian poet and mathematician Omar Khayyam (1048-1131), translated by English poet Edward Fitzgerald (1808-1883). Find the expected value of the length of th..

  What is the least number

MATH1550H: Assignment:  Question:     what is the least number of applicants that should be interviewed so as to have at least 50% chance of finding one such secretary?

  Determine the value of k

MATH1550H: Assignment:  Question:     Experience shows that X, the number of customers entering a post office during any period of time t, is a random variable the probability mass function of which is of the form

  What is the probability

MATH1550H: Assignment:Questions: (Genetics) What is the probability that at most two of the offspring are aa?

  Binomial distributions

MATH1550H: Assignment:  Questions:  Let’s assume the department of Mathematics of Trent University has 11 faculty members. For i = 0; 1; 2; 3; find pi, the probability that i of them were born on Canada Day using the binomial distributions.

  Caselet on mcdonald’s vs. burger king - waiting time

Caselet on McDonald’s vs. Burger King - Waiting time

  Generate descriptive statistics

Generate descriptive statistics. Create a stem-and-leaf plot of the data and box plot of the data.

  Sampling variability and standard error

Problems on Sampling Variability and Standard Error and Confidence Intervals

  Estimate the population mean

Estimate the population mean

  Conduct a marketing experiment

Conduct a marketing experiment in which students are to taste one of two different brands of soft drink

  Find out the probability

Find out the probability

  Linear programming models

LINEAR PROGRAMMING MODELS

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd