What is the probability distribution of x

Assignment Help Finance Basics
Reference no: EM131435518

A standard technique used by ?eld biologists to estimMe animal populations is the capture-recapture method. To be concrete, We a lake containing an unknown number N of ?sh. A sample of size M of these ?sh is caught, tagged, and released back into the lake. A while later, another sample of size S is taken with replacement, and it is found that X of them are tagged.

(a) What is the probability distribution of X?

(b) Discuss the assumptions on the nature of ?sh and the procedure for sampling that you used to justify the distribution above. (For instance, what if tagging a ?sh is so traumatic that it dies soon thereafter?)

(c) What is the Maximum Likelihood Estimator of N ?

(d) What is the Method of Moments Estimmcr of N?

(e) Are there problems with these estimators? If so, what might you do? (f) (20 pts) What would change in your analysis if the second sample had been taken without replacement?

Reference no: EM131435518

Questions Cloud

How would you overcome those barriers or challenges : What barriers or challenges might stand in the way for students and caregivers? How would you overcome those barriers or challenges?
What is difference between partial and total completeness : A local college recruits both full time and part-time staff. How will you illustrate this scenario using a specialization hierarchy (include some sample attributes). From your understanding and research, what is the difference between partial and ..
Mean electricity consumption during winter for all household : According to the records of an electric company serving the Boston area, the mean electricity consumption during winter for all households is 1650 kilowatt-hours per month.
Can client prosecute for human trafficking under federal law : Writing 6201- Can the clients be prosecuted for human trafficking under federal law? Does the term "human trafficking" based on the Trafficking Victims Protection Act TVPA) apply to our fact pattern?
What is the probability distribution of x : (a) What is the probability distribution of X? (b) Discuss the assumptions on the nature of ?sh and the procedure for sampling that you used to justify the distribution above. (For instance, what if tagging a ?sh is so traumatic that it dies soon ..
Taxpayers comply with the new tax code : The local operations manager for the IRS must decide whether to hire 1, 2, or 3 temporary workers. He estimates that net revenues (in thousands) will vary with how well taxpayers comply with the new tax code.
Describe how children learn feelings : Describe how children learn feelings and explain how to teach children how to cope with feelings. Describe how to use the RERUN process of problem solving with children by applying it to a hypothetical example.
Solution in mathematical terms and words : What if you are a "risk-taker"? Explain your solution in mathematical terms and words. Post a spreadsheet if you wish.
Examine diverse perspectives and ethical implications : Focus on current scholarly research and practice  - Analyze diverse arguments and themes and Examine diverse perspectives and ethical implications

Reviews

Write a Review

Finance Basics Questions & Answers

  What were timber cash flows from operating activities

If it's marginal tax rate was 30%, what were Timber's cash flows from operating activities for 2010?

  How much will the note be worth at the end

A client invested $20,000 in an interest bearing promissory note earning 9% anual rate of interest compounded monthly. How much will the note be worth at the end of 8 years assuming all interest is reinvested at the 9% rate?

  I now have 23000 in the bank earning interest of 50 per

i now have 23000 in the bank earning interest of .50 per month. i need 33000 to make a down payment on a house. i can

  Discuss the technical definition of money

Money has many definitions because it is used for different purposes. Discuss the technical definition of money and its contemporary relevance to the analysis of money supply.

  Ccomputation of annual interest charges for a given degree

Computation of Annual interest charges for a given degree of combined leverage and a lowered degree of combined leverage.

  Calculate each projects payback period calculate the net

newman manufacturing is considering a takeover of grips tool.nbsp during the year just completed grips earned 4.25

  Director general of new netherlands province

Peter Minuet, the first director general of New Netherlands province, purchased Manhattan Island from the local Canarsee Indians for approximately $24 in 1626. It is often claimed that the Indians got a raw deal. If the appropriate interest rate i..

  Sufficient funds to purchase all the desired equipment

Management estimates the issue will cost the firm $320,000 for accounting, legal, and other costs. The underwriting spread is 7.5 percent and the issue price is $22 per share. How many shares of stock must be sold if Quali Tech is to receive suffi..

  Explore the capital budgeting techniques covered

Explore the capital budgeting techniques covered NP, PI, IRR, and Payback. Compare and contrast each of the techniques with an emphasis on comparative strengths and weaknesses.

  Explain how you reached your answer

A company needs to estimate its ending inventory. Using the data below, compute The Company’s estimated cost of ending inventory for the month of April. Explain how you reached your answer.Beginning inventory May 1 ........ $ 2,000Purchases for May ...

  Define bond treasury bond corporate bond municipal bond

Define each of the following terms: a. Bond; Treasury bond; corporate bond; municipal bond; foreign bondb. Par value; maturity date; coupon payment; coupon interest rate c. Floating-rate bond; zero coupon bond; original issue discount bond (OID) d. C..

  You have been asked by a manager in your organization to

you have been asked by a manager in your organization to put together a training program explaining net present value

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