Probability distribution function, Econometrics

Assignment Help:

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).


Related Discussions:- Probability distribution function

Quantile regression coefficients, Consider the study of the effect of publi...

Consider the study of the effect of public-sponsored training programs. As argued in public programs of training and employment are designed to improve participant's productive ski

What is the problem with this regression, (a) Describe all tests that you n...

(a) Describe all tests that you need to undertake prior to working with time series data. (b) Consider the following regression result: Standard Errors: (6.7525)

Game theory, Students in the red/black card game had to make individual dea...

Students in the red/black card game had to make individual deals. How would the situation change if they could bargain collectively?

F testing, given the formula for f statistic prove that by using the f stat...

given the formula for f statistic prove that by using the f statistic you can derive this formula

Maximising levels of capital, A perfectly competitive firm hires its machin...

A perfectly competitive firm hires its machines at a constant rental rate of r = 5 euros per unit and its workers at a constant wage rate of w = 4 euros per unit. It can also sell

Draw intertemporal budget line, Over the next two years, Susan's income wil...

Over the next two years, Susan's income will be $33,000 in the first year and $33,000 in the second year. She can both borrow and lend money at the 10% of annual interest. (a) W

Explain regression model, In a study relating college grade point average t...

In a study relating college grade point average to time spent in various activities, students are asked how many hours they spend each week in four activities: studying, sleeping,

.the matrix of technical coefficients., I could not understand the matrix o...

I could not understand the matrix of technical coefficents

Equation prove, prove that summation k =0 and summation kxi=1

prove that summation k =0 and summation kxi=1

Modelling and multicollinearity, write a term paper on modelling and multic...

write a term paper on modelling and multicollinearity

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