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

Iceviga, Jess had a book with 100 pages to read she only read 10 how many p...

Jess had a book with 100 pages to read she only read 10 how many pages does she have to read?

#rounding off, I am the least two digit number which round off to 100?

I am the least two digit number which round off to 100?

Find third order partial derivatives, Question: Find all third order pa...

Question: Find all third order partial derivatives for the function   F(x,y)= log xy+ e (x+y) -x/y.

Trignometric function, If tanx+secx=sqr rt 3, 0 Ans) sec 2 x=(√3-tanx) 2...

If tanx+secx=sqr rt 3, 0 Ans) sec 2 x=(√3-tanx) 2 1+tan 2 x=3+tan 2 x-2√3tanx 2√3tanx=2 tanx=1/√3 x=30degree

Define a*b for given matrix, Define A*B where:                A =  | 3 -...

Define A*B where:                A =  | 3 -3  6 |          B = |  6   1 |                          | 0  4  2 |              |  0  -5 |

Illustrate pythagorean theorem, Q. Illustrate Pythagorean Theorem? Ans...

Q. Illustrate Pythagorean Theorem? Ans. You have definitely seen the Pythagorean Theorem before, so a 2 + b 2 = c 2 should look familiar to you. The Pythagorean Theor

What kinds classroom activities help children to learn maths, What kinds of...

What kinds of classroom activities can you think of for helping children to make groups of 5 and 10? Once they have enough practice with such activities, children can be helped

What is the volume of the frustum, If the areas of the circular bases of a ...

If the areas of the circular bases of a frustum of a cone are 4cm 2 and 9cm 2 respectively and the height of the frustum is 12cm. What is the volume of the frustum. (Ans:44cm 2 )

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