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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).
Let W be a random variable such that Supp (W) = {2, -1, 0, 1, 2 } and What is p? Define U = W 2 . What is Supp (U) and fU (u) = Pr [U = u] for u ∈ Supp (U)? Compute E [W] a
PrivateJets (PJ) is considering expanding its operations in the corporate travel market. Currently, PJ has a capital structure with a 25% debt-equity ratio. Their levered equity
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#question.elaborate the different methods for the estimation of simultaneous equation model in case of exact and over identification?
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
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Question 1: a) Explain what is a VAR giving an example both in the form of an equation and matrix. Discuss its benefits and limitations. b) How can we estimate a VAR invol
what are factors contributing to the long run trend interms of trade of developing countries?
remedial measure of multicolinearity
effect on of multicollinearity.
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