Estimate the mean and variance

Reference no: EM131216352

Let X, Y, Z and be independent Gaussian random variables with equal means of µ =3 and variances

Estimate the mean and variance of constructing a large number of realizations of this random variable in MATLAB and then computing the sample mean and sample variance.

How many samples of the random variable were needed before the sample mean and sample variance seemed to converge to a fairly accurate estimate. (To answer this, you must define what you mean by "fairly accurate.")

Reference no: EM131216352

Questions Cloud

Compute what price katrinas candies should charge : Algebraically, determine what price Katrina's Candies should charge in order for the company to maximize profit in the short run. Determine the quantity that would be produced at this price and the maximum profit possible.

Different between onshore and offshore interest rates : Onshore-offshore interest differential i.e the different between onshore and offshore interest rates (define more explicity what this means and state how it can be used to consider the extent of intertemporal trade between countries.

Discuss the important milestones in economic theory : What was the promise of capitalism? Discuss the important milestones and historical developments in economic theory and specify the contributions of each of the profits.

Forecasting revenue-costs and estimated cash flows : Forecasting Revenue, Costs, and Estimated Cash Flows. To prepare for this Assignment, use the Netflix and Amazon Data Spreadsheet, located in this week’s Learning Resources, to generate a pro forma forecast and consider what this indicates about the ..

Estimate the mean and variance : Let X, Y, Z and be independent Gaussian random variables with equal means of µ =3. - Estimate the mean and variance.

Compute the importance of predicting the pricing strategies : Determine the importance of predicting the pricing strategies of rival firms in an industry characterized by mutual interdependence. Examine the common price setting strategies of airlines that use game theory.

Calculate the room-temperature saturation current : Calculate the room-temperature saturation current and the forward current at 0.3 V for a silverjn-doped silicon Schottky-type diode. Take for the active area 10-8 m2 and C = 1019 Ajm2 K2.

Employers accounting for pensions : Discuss the following components of annual pension cost: Discuss the composition and treatment of the minimum liability provision.

Analyze the criteria the us department of justice : Explain the criteria the U.S. Department of Justice and the Federal Trade Commission would follow when deciding on whether or not to approve a proposed merger.

User Account

All Pages