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Generate 1000 samples for each of the following continuous random variables:
(a). Exponential distribution with λ = 1.2 and λ = 2.1
(b). Normal distribution with μ = 3.1, σ2 =5 and μ = 1, σ2 = 2
For each class of the above distribution, plot the cumulative distribution function for each set parameters on one figure (you should have two curves on each figure and have overall two figures). In addition, you should also plot the corresponding analytical results (CDF curve based on distribution formulas) on the same figure. In this way, you can verify whether your simulated random variables match with analytical results.
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.
What is cut-off date A chosen manually date whereby transactions usually are stopped to give for closing of the books of accounts for a known period: for audit purposes,
1) A certain brand of batteries has a lifetime that has a normal distribution with a mean of 3,800 hours and a standard deviation of 390 hours. b) What lifetime should the manufac
The National Marine Fisheries Services is part of the National Oceanic and Atmospheric Administration. NMFS's programs support the conservation and management of living marine reso
Choose a variable and collect data consisting of at least 30 values. Before collecting the data, decide what a likely average might be, then complete the following: a. Write a b
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In a mathematics examination the average grade was 82 and the standard deviation was 5. all students with grade from 88 to 94 received grade of B. if the grade are approximately no
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 distribu
What would be the cutoff score to indicate a score that is in the top 15% of the scores on a test with a mean of 100 and a standard deviation of 15?
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what are the different types of transfer pricing?
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