Calculate the mean value and variance, Basic Statistics

Assignment Help:

1. Generate 1000 samples for each of the following discrete random variables:

(a). Binomial distribution with n=40, p=0.7, and distr. with n=50, p=0.5

(b). Geometric distribution with p=0.5 and distr. with p=0.3

(c). Poisson distribution with λ= 6 and λ= 4.5

For each class of the above distribution, plot probability mass function for each set parameters on one figure (you should have two curves on each figure and have three figures overall). In addition, you should also plot the corresponding analytical results (probability mass function curve based on distribution formulas) on the same figure. In this way, you can verify whether your simulated random variables match with analytical results. That means on each figure, there are four curves (two simulations, two analytical). Use "legend" to denote each curve, and use different line style and color for each curve (see help on plot()). You should show the X-axis with reasonable range such that the curves can be clearly seen (check wikipiedia's figures for these distributions).

In addition, calculate the mean value and variance of generated samples for each distribution (sample mean and sample variance). Compare the results with the analytical results.


Related Discussions:- Calculate the mean value and variance

Stistics, what are the function of statistics in business onganizations?

what are the function of statistics in business onganizations?

How this works, So I can send you a word problem & you van send the answers...

So I can send you a word problem & you van send the answers back in excel for me?

Mba: accounting & finance for managers, . From the following cost, product...

. From the following cost, production and sales data of Decors Motor Ltd., prepare comparative income statement for three years under (i) absorption costing method, and (ii) margi

How to choose a sample, Q. How to Choose a Sample? The way a sample is ...

Q. How to Choose a Sample? The way a sample is chosen is extremely important in all statistical studies. This is because, ultimately, all the inferences will be based on the s

Applications of linear regression, Linear regression is widely used in bi...

Linear regression is widely used in biological behavioral and social sciences to describe relationship between variables. It ranks as one of the most important tools used

Card custodian statement, Card custodian statement A zero poise due declar...

Card custodian statement A zero poise due declaration: listing all transactions throughout the billing period: that is sent to the buy card custodian by the purchase card supplier

Index numbers, discuss the considerations to be borne in mind when construc...

discuss the considerations to be borne in mind when constructing index numbers

Systematic sampling, Where an element of randomness is introduce by suing r...

Where an element of randomness is introduce by suing random numbers to pick up the unit with which to start this process of sampling is known as systematic sampling.

statistic assignment, I have statistic assignment can do it at 2.30 H, bec...

I have statistic assignment can do it at 2.30 H, because I don''t have time

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