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

Combination and permuations, Alarm units are to be connected at four fixed ...

Alarm units are to be connected at four fixed positions along a pipeline. In how many ways can the four available alarm unites be connected to the four positions along the line?

Time series, how we can solve semi average method

how we can solve semi average method

The data analysis process and statistical techniques, I need to conduct an...

I need to conduct an analysis' on an alcohol and substance abuse study. the data set is too large to upload . The data set is the SPSS version that I need to work from. Here is the

Quantitative techniques, How can we apply matrix algebra in various decisio...

How can we apply matrix algebra in various decision models in business and management?

Calculate index number, TIME SERIES ANALYSIS: 1) Discuss the various m...

TIME SERIES ANALYSIS: 1) Discuss the various models of Time series. 2) What are the various methods of trend analysis? What are their implications in the business world?

Derivations, example of derivations in daily life

example of derivations in daily life

Calculate the transition probabilities, Consider a person who repeatedly pl...

Consider a person who repeatedly plays a game of chance (gambling)with two results possible (win or lose) with a probability p = 0, 3 to win. If the person has bet x amount and if

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