Plots approach to probability model validation

Assignment Help Basic Statistics
Reference no: EM131001543

The data in the following table (Exercise 12.12) shows samples of size = 20 drawn from four di?erent populations postulated to be normal, , lognormal L, gamma G, and inverse gamma I, respectively.

XN

9.3745

XL

7.9128

XG

10.0896

XI

0.084029

8.8632

5.9166

15.7336

0.174586

11.4943

4.5327

15.0422

0.130492

9.5733

33.2631

5.5482

0.115567

9.1542

24.1327

18.0393

0.187260

9.0992

5.4151

17.9543

0.100054

10.2631

16.9556

12.5549

0.101405

9.8737

3.9345

9.6640

0.100835

7.8192

35.0376

14.2975

0.097173

10.4691

25.1182

4.2599

0.141233

9.6981

1.1804

19.1084

0.060470

10.5911

2.3503

7.0735

0.127663

11.6526

15.6894

7.6392

0.074183

10.4502

5.8929

14.1899

0.086606

10.0772

8.0254

13.8996

0.084915

10.2932

16.1482

9.7680

0.242657

11.7755

0.6848

8.5779

0.052291

9.3790

6.6974

7.5486

0.116172

9.9202

3.6909

10.4043

0.084339

10.9067

34.2152

14.8254

0.205748

(i) Validate these postulates using the full data sets. Note that the population parameters have not been speci?ed.

(ii) Using only the top half of each data set, repeat (i). For this particular example, what effect, if any, does sample size have on the probability plots approach to probability model validation?

Reference no: EM131001543

Questions Cloud

Distribution of income of families in the us : The distribution of income of families in the US in 1979 (in actual dollars uncorrected for in?ation) is shown in the table below (Prob 4.28):
The allowance for uncollectible accounts : Castle Company provides estimates for its uncollectible accounts. The allowance for uncollectible accounts had a credit balance of $17,280 at the beginning of 2011 and a $22,410 credit balance at the end of 2011 (after adjusting entries).
Calculate the coulomb force on q2 : Calculate the Coulomb force on q1 as seen in the figure below. Choose forces to the right be positive and forces to the left negative. Assume q1 = 1.80μC , q2 = 6.32μC and q3 = -2.90μC. r1 = 3.25 cm and r2 = 1.99 cm.
Discuss a real-life example of a firm : That is implementing online privacy as competitive advantage.  Provide any citations/references applicable to your discussion. Read the discussion forum grading rubric before attempting this assignment.Discuss a real-life example of a firm
Plots approach to probability model validation : Using only the top half of each data set, repeat (i). For this particular example, what effect, if any, does sample size have on the probability plots approach to probability model validation?
How would accounts receivable be shown in the 2011 : Prepare journal entries to record the write-off of receivables, the collection of $1,200 for previously written off receivables, and the year-end adjusting entry for bad debt expense.
Compute the probability : The hazard rate of the failure time is a constant 0.10 and the force of interest is a constant 0.05. If Z is the present value of the benefits, find the probability that: (a) 0 Z ≤ 0.5, (b) 0 ≤ Z ≤ 0.5 and (c) 0 ≤ Z ≤ 0.7.
What is the power emitted by this source in watts : A certain sound has an intensity of 8.474275 x 10-4 W/m2 2.33 m from its source. What is the power emitted by this source in watts? Express your result to three significant digits and in scientific notation.
Imagine you are a state police officer in your home state : Determine how and in what situations you would refer to the DHS and other law enforcement and intelligence agencies. Support your explanation.

Reviews

Write a Review

Basic Statistics Questions & Answers

  Statistics-probability assignment

MATH1550H: Assignment:  Question:  A word is selected at random from the following poem of Persian poet and mathematician Omar Khayyam (1048-1131), translated by English poet Edward Fitzgerald (1808-1883). Find the expected value of the length of th..

  What is the least number

MATH1550H: Assignment:  Question:     what is the least number of applicants that should be interviewed so as to have at least 50% chance of finding one such secretary?

  Determine the value of k

MATH1550H: Assignment:  Question:     Experience shows that X, the number of customers entering a post office during any period of time t, is a random variable the probability mass function of which is of the form

  What is the probability

MATH1550H: Assignment:Questions: (Genetics) What is the probability that at most two of the offspring are aa?

  Binomial distributions

MATH1550H: Assignment:  Questions:  Let’s assume the department of Mathematics of Trent University has 11 faculty members. For i = 0; 1; 2; 3; find pi, the probability that i of them were born on Canada Day using the binomial distributions.

  Caselet on mcdonald’s vs. burger king - waiting time

Caselet on McDonald’s vs. Burger King - Waiting time

  Generate descriptive statistics

Generate descriptive statistics. Create a stem-and-leaf plot of the data and box plot of the data.

  Sampling variability and standard error

Problems on Sampling Variability and Standard Error and Confidence Intervals

  Estimate the population mean

Estimate the population mean

  Conduct a marketing experiment

Conduct a marketing experiment in which students are to taste one of two different brands of soft drink

  Find out the probability

Find out the probability

  Linear programming models

LINEAR PROGRAMMING MODELS

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