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1. Generate 1000 samples for each of the following discrete random variables:
(a). Binomial distribution with n=40, p=0.7, and distr. with n=50, p=0.5
(b). Geometric distribution with p=0.5 and distr. with p=0.3
(c). Poisson distribution with λ= 6 and λ= 4.5
For each class of the above distribution, plot probability mass function for each set parameters on one figure (you should have two curves on each figure and have three figures overall). In addition, you should also plot the corresponding analytical results (probability mass function curve based on distribution formulas) on the same figure. In this way, you can verify whether your simulated random variables match with analytical results. That means on each figure, there are four curves (two simulations, two analytical). Use "legend" to denote each curve, and use different line style and color for each curve (see help on plot()). You should show the X-axis with reasonable range such that the curves can be clearly seen (check wikipiedia's figures for these distributions).
In addition, calculate the mean value and variance of generated samples for each distribution (sample mean and sample variance). Compare the results with the analytical results.
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). Calculate Karl Pearson’s coefficient of correlation from the following data , using 20 as the working mean for price and 70 as the working mean for demand: Price: 14 16 17 18 1
please break this problem down to laymen term so that I understand how you arrived at the answer. 1. AllElectronics caries 1000 products, P1, … P1000. Consider customers Ada, Bob,
Discrete Standard Deviation For calculating standard deviation in discrete series any of the following methods may be applied (1) Actual mean method. (2) Assumed mean method. (
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Amortized cost The par value of its decision enhanced or lowered by any unamortized top quality or lower price.
Check register The text or document used to evidence pertinent details relating to expenditure/expense vouchers & coding for each ensure issued,
#This is a chance to perhaps incorporate some of your experience, interests, and career business/management goals and ambitions within the context of an individual project paper.
(b) P(X = 8)
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