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

Standard conventions in game theory, Standard conventions in game theory ...

Standard conventions in game theory Consider the given table: Y   3 -4 X -2 1

Linear equations in one variable, three prices are to be distributed in a q...

three prices are to be distributed in a quiz contest.The value of the second prize is five sixths the value of the first prize and the value of the third prize is fourfifth that of

Empty set or null set, Empty Set or Null Set It is a set which having ...

Empty Set or Null Set It is a set which having no elements. It is usually designated by a Greek letter Ø, or else { }. The sets Ø and { Ø } are not the same thing since the

What percent of the figure below is shaded, What percent of the figure belo...

What percent of the figure below is shaded? Break the rectangle into eighths as shown below. The shaded part is 6/8 or 3/4 ; 3/4 is 75%.

prove that 2a=b+c, If the roots of the equation (a-b) x 2 + (b-c) x+ (...

If the roots of the equation (a-b) x 2 + (b-c) x+ (c - a)= 0 are equal. Prove that 2a=b+c. Ans:    (a-b) x 2 + (b-c) x+ (c - a) = 0 T.P 2a = b + c B 2 - 4AC = 0

Estimate the area of this field in terms of x and y, Jonestown High School...

Jonestown High School has a soccer field whose dimensions can be expressed as 7y 2 and 3xy. What is the area of this field in terms of x and y? Since the area of the soccer ?e

Variation, If p=10 when q=2,find p when q=5

If p=10 when q=2,find p when q=5

Homework, Euler''''s Constant (e) Approximate the number to the one hundred...

Euler''''s Constant (e) Approximate the number to the one hundredth, one ten-thousandths, and one one-hundred-millionth.

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