Simulating non-uniform random variables

Reference no: EM131355054

1. "Moments do not characterize distributions in general and when they do we often need an infinite number of moments for the characterization". Discuss.

2. Explain the probability integral and the inverse probability integral transformations. How useful can they be in simulating non-uniform random variables?

Reference no: EM131355054

Questions Cloud

Discuss the effects of your own enculturation : State your position on the topic you selected for Assignment.Identify (3) three premises (reasons) from the Procon.org website that support your position and explain why you selected these specific reasons.Explain your answers to the "believing..

Explain the trends and relationships between inflation : (i). Explain the trends and relationships between Inflation, Unemployment and Real GDP growth using a Business Cycle. (ii). "The Australian government is considering measures to grant significant tax rebates to big entrepreneurs/Companies that are..

What were results of the focus on the financial perspective : BUS499- What were the results of this focus on the financial perspective on customers and other stakeholders? Be as specific as you can and give concrete examples.

Simulating non-uniform random variables : Explain the probability integral and the inverse probability integral transformations. How useful can they be in simulating non-uniform random variables?

Why do we care about probabilistic inequalities : Explain the notions of a percentile and a quantile and how they are related.

Estimate teh demand equation : Estimate teh demand equation. what do the regression results indicate about the desirability of discounting the price? Explain

Select an organization such as company and community group : Imagine that you are a consultant for an organization, and they want you to work on developing their core values. The organization would like their core values to reflect key attributes of their culture.Select an organization, such as a company, co..

Is there a solution that would be more effective : What systems does your organization utilize, either as a whole or per department? Is this solution effective? Why or why not? Is there a solution that would be more effective? If not, explain why.

User Account

All Pages