The two-parameter gamma distribution

Assignment Help Basic Statistics
Reference no: EM131076454

The two-parameter gamma distribution can be generalized by introducing a third parameter g, called a threshold or location parameter: replace x in (4.8) by x - g and  This amounts to shifting the density curves in Figure 4.27 so that they begin their ascent or descent at g rather than 0. The article "Bivariate Flood Frequency Analysis with Historical Information Based on Copulas" (J. of Hydrologic Engr., 2013: 1018-1030) employs this distribution to model X = 3-day flood volume (108 m3 ). Suppose that values of the  (very close to estimates in the cited article based on past data).

a. What are the mean value and standard deviation of X?

b. What is the probability that flood volume is between 100 and 150?

c. What is the probability that flood volume exceeds its mean value by more than one standard deviation?

d. What is the 95th percentile of the flood volume distribution?

Reference no: EM131076454

Questions Cloud

Explain scenario analysis and any problems : Explain scenario analysis and any problems, issues, or concerns that surround this type of projection. Define simulation analysis, and discuss its principal advantages and disadvantages.
Discuss appropriate laws and ethical theories : Provide the summary of the case and identify and state clearly the problem(s) or issue(s) in the case and discuss appropriate laws and ethical theories
Is the resulting tree''s height a minimum : Is the resulting tree's height a minimum? Is the tree complete? Is it full?
Suppose that when a transistor of a certain type : Suppose that when a transistor of a certain type is subjected to an accelerated life test, the lifetime X (in weeks) has a gamma distribution with mean 24 weeks and standard deviation 12 weeks.
The two-parameter gamma distribution : The two-parameter gamma distribution can be generalized by introducing a third parameter g, called a threshold or location parameter: replace x in (4.8) by x - g and  This amounts to shifting the density curves in Figure 4.27 so that they begin the..
Causes and effects of elf performance : Create a common-sized income statement for the three years. What conclusions can you draw from the different parts of the statement? What are the causes and effects of Elf's performance for those three years?
The probability that data transfer time exceeds : Let X denote the data transfer time (ms) in a grid computing system (the time required for data transfer between a "worker" computer and a "master" computer.
Many arguments about the state of the fashion industry : In Overdressed, Cline makes many arguments about the state of the fashion industry, globalization, and society. Cline states, “The [fashion]-industry is really globalized at this point. So, it is hard for a union to come up with a strategy that would..
What is the probability of selecting customer who is single : A bank has the following data on the gender and marital status of 400 customers. An experiment consists of selecting one of these customers at random. What is the probability of selecting a customer who is single? What is the probability of selecting..

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