Probability distribution function, Econometrics

Assume the following table gives the joint PDF (probability distribution function, not Adobe document!!) of two discrete variables, x and Y.


                                 Variable  X

                                         -2          0        2           3
            
                       3              0.27        0.08    0.16        0   
     Variable Y
                       6              0           0.04     0.10      0.35
 

Understanding of the Table: If the variable X takes on a value, (-2) and the variable Y takes on a value 3, their joint probability is 0.27. In other words, the probability of X=-2 and Y=3 at the same time is 0.27. Continuing this, the probability of X=0 and Y=3 is 0.08 and so on.  

Using the information given in the table above, Analyse

Marginal Probability Density Functions of X and Marginal Probability Density Functions of Y.

Conditional probability of (X=-2|Y=3) and the conditional probability of (X= 2 | Y=6).

Posted Date: 3/26/2013 1:31:27 AM | Location : United States







Related Discussions:- Probability distribution function, Assignment Help, Ask Question on Probability distribution function, Get Answer, Expert's Help, Probability distribution function Discussions

Write discussion on Probability distribution function
Your posts are moderated
Related Questions
analyze the trend of time series using semi-average method, method of least square regression and moving average method


a. If 10,000 two-liter bottles of Pepsi are currently being demanded in your community each month, and the price increases from $1.90 to $2.10 per bottle, what will happen to quant

A chance sample of visitors to a National Park was interviewed regarding their impressions of the Park.  Of 200 interviewees, 120 said that they would probably make a return visit

I need help on using eviews for Iterated cumulative sums of squares (ICSS) algorithm for detecing structural break. How much would it be?

Problem 1: a. Explain the meaning of regression and its usefulness. b. Distinguish between GARCH (1, 1) and asymmetric GARCH. c. Clearly explain the two tests used for

(a) What is a white noise process? (b) Distinguish between exogenous and endogenous variables, using examples. (c) What do you understand by simultaneity bias and can OLS

HI, I am currently working on my econometrics assignment which requires me to replicate the result of a published paper. I have been given the same data set as the paper therefore

Paul's utility function is u(x, y) = xy 2 . Let unit prices be given by  Px = 6 cents,  Py = 2 cents, and assume that Paul's budget is the same as Peter's from the previous problem

The tab-delimited text file C359A1S1Q2.txt contains daily prices for the South Korean Stock Exchange Index (KOSPI) from 4/7/2006 (observation 1) to 11/6/2010 (observation 977). Alt