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Let X be a continuous random variable, with CDF F(x), taking values in an interval [0, b]; that is, F(0) = 0 and
F(b) = 1. Then there is an alternative formula for expected value:
E(X) = Z b0 (1 - F(x)) dx. (1)
(a) Assume b is a finite number. Prove (1) using integration-by-parts. [Hint: Recall that the PDF is f(x) = ddxF(x).]
(b) Check that the formula (1) holds when X Unif(0, b).
(c) Formula (1) also works for b = 1. Check this when X is an Exponential RV with PDF f(x) = e-x for x 0.
On opening day one season, 10 major league baseball games were played and they lasted the following numbers of minutes. Find the sample variance.
An olympic archer is able to hit the bull's-eye 70% of the time. Assume each shot is independent of the others. If she shoots 6 arrows, what is the probablitly that she never misses?
The management of discount furniture, a chain of discount furniture stores in the northeast, designed an incentive plan for salespeople. To evaluate this innovative plan, 12 Salespeople were selected at random
The lifetime of a 2-volt non-rechargeable battery in constant use has a Normal distribution with a mean of 516 hours and a standard deviation of 20 hours. The proportion of batteries with lifetimes exceeding 520 hours is approximately.
Does this sample indicate that the insurance company should change its premiums because life expectancy has increased?
Random Sample Obtain (generate) a random sample of 180 numbers between 1 and 60. You may use a calculator, excel, or a table of random numbers to achieve this. Summarize your sample into a frequency distribution with 6 classes.
The thickness of a flange on an aircraft component is uniformly distributed between 0.95 and 1.05 millimeters. Determine the cumulative distribution function of flange thickness.
Find the 90% confidence interval estimate of the population mean. Interpret the interval estimate. 79 43 58 66 101 63 79 33 58 71 60 101 74 55 88.
A survey researcher compares 4 religious groups on their attitudes toward education. 1200 subjects receive the survey and 823 respond. There are 10 items; the likert scale is 1-5. A high positive score indicates a more positive attitude.
Total square footage (X4) (columns in the data file are in that order). (a) Obtain the scatter plot matrix and the correlation matrix. Interpret these and state your principal findings.
Participants is approximately a normal distribution with a mean of 68 years and a standard deviation of 3.5 years. What proportion of the plan participants would receive payments beyond age 75?
Using 5% level of significance, is there any difference in proportion of guests who would select the two resorts? What is your conclusion?
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