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Assume the following table gives the joint PDF (probability distribution function, not Adobe document!!) of two discrete variables, x and Y. Variable X -2 0 2 3 3 0.27 0.08 0.16 0 Variable Y 6 0 0.04 0.10 0.35
Understanding of the Table: If the variable X takes on a value, (-2) and the variable Y takes on a value 3, their joint probability is 0.27. In other words, the probability of X=-2 and Y=3 at the same time is 0.27. Continuing this, the probability of X=0 and Y=3 is 0.08 and so on. Using the information given in the table above, Analyse
Marginal Probability Density Functions of X and Marginal Probability Density Functions of Y.
Conditional probability of (X=-2|Y=3) and the conditional probability of (X= 2 | Y=6).
Problem 1: (a) Using examples explain the concept of cointegration. (b) Explain the term ‘stationarity' and its importance. (c) Differentiate between stochastic and determinist
What is the ADF max test?
effect on of multicollinearity.
My econometrics assignment is due for monday, August 18th. I''m running out of time and need a help to meet the deadline. I need answers for 4 problems from the basic econometrics.
For each pair of terms/concepts, define each term/concept and explain the relationship between them. The ideal answer is three sentences. One for each definition and one for the re
the following are the weekly amounts of welfare payments made by the federal government to a sample of six families: $139, $136,$130,$136,$147and$136.what is the range
whits tests
The firm is considering manufacturing a second product in its factory alongside the first. The demand functions for the two products are: Q d1 =180 - 4P 1 Q d2 =90
Hi I am currently working on my econometrics coursework which is to replicate a published paper. I was given the same data set as the paper and suppose to get the same answer as th
1. Consider a mixture of one mole of Nitroglycerin and one mole of Ammonium Nitrate a. Write the detonation equation for this mixture b. Using class notes, posted articles in
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