Continuous uniform distribution, Mathematics

Assignment Help:

Continuous Uniform Distribution

Consider the interest earned on a bank deposit. Let X equal the value after the decimal point. (Assume no rounding off to the nearest paise.) For instance, if the interest = Rs.72.587, then X = 0.587.

X can take any value between 0 and up to but not including 1. We may assume that each value is equally likely. In which case, X is said to have a continuous Uniform Distribution.

Figure 

2082_continuous uniform distribution.png

The probability density function of a typical random variable is given by

242_continuous uniform distribution1.png

Note that the area under the curve equals 1.

It can be shown:

m = E(X) = (a + b)/2

s2 = V(X) = (b - a)2/12                              


Related Discussions:- Continuous uniform distribution

Square and square root., the value of square root of 200multiplied by squar...

the value of square root of 200multiplied by square root of 5+

Counters and registers, design a synchronous, recycling, MOD-12 counter wit...

design a synchronous, recycling, MOD-12 counter with D FF''s. Use the states 0000 through 1011 in the counter.

Generate pairs of vertices at random , Generate a 1000 vertex graph adding ...

Generate a 1000 vertex graph adding edges randomly one at a time.  How many edges are added before all isolated vertices disappear?  Try the experiment enough times to determine ho

Write triangles named by the lengths of their sides, Write Triangles Named ...

Write Triangles Named by the Lengths of Their Sides? An equilateral triangle is a triangle with three congruent sides. All three sides of this triangle are the same lengt

Velocity problem, Velocity Problem : Let's look briefly at the velocity pr...

Velocity Problem : Let's look briefly at the velocity problem.  Several calculus books will treat it as its own problem.  .  In this problem we are given a position function of an

How many points did he score during his senior year, Michael scored 260 poi...

Michael scored 260 points during his junior year on the school basketball team. He scored 20% more points during his senior year. How many points did he score during his senior yea

Write Your Message!

Captcha
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