Generate samples for each distribution, Basic Statistics

Assignment Help:

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.


Related Discussions:- Generate samples for each distribution

Probability, How can you use probability to improve your chances of winning...

How can you use probability to improve your chances of winning at a casino

Valuing preferred stock, Gesto, Inc., has an issue of preferred stock outst...

Gesto, Inc., has an issue of preferred stock outstanding that pays a $4.50 dividend every year, in perpetuity. If this issue currently sells for $79.85 per share, what is the requi

Cluster sampling and area sampling, Cluster Sampling and Area Sampling: Clu...

Cluster Sampling and Area Sampling: Cluster sampling involves grouping the population and then selecting the group or the cluster rather than individual elements for inclusion in t

Characteristics of statistics, Mention the characteristics of statistics. E...

Mention the characteristics of statistics. Explain any two application of Statistics

What is single entry system?, 1. What is Single Entry System? Ans. In...

1. What is Single Entry System? Ans. In Accounting, The program under which only one part of entrance or bookkeeping go is registered is known as single Entry System, they ar

Normal reaction, Normal Reaction: When two materials are in get in touch wi...

Normal Reaction: When two materials are in get in touch with, then the materials put out makes on each other. The makes are reverse to each other in route and are similar to each o

Marginal costing and break-even analysis, Marginal costing and Break-even a...

Marginal costing and Break-even analysis According to C.I.M.A. Manchester, "Marginal Price means the quantity at any given variety of result by which get worse scenario costs ar

What is hurdle rate, What is hurdle rate? In investment spending budget...

What is hurdle rate? In investment spending budget, challenge amount is the minimal amount that an organization desires to earn when getting a venture. Hence the challenge amou

6 accounting questions , I have 6 questions for my Accounting class that I ...

I have 6 questions for my Accounting class that I need help with. I only have two hours to complete them. I am trying to get an idea of what I can expect to pay for help with the a

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