Let X have the discrete uniform distribution on the integers 1, . . . , n. Compute
Question:
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 63% (19 reviews)
The mean of X is n 12 ...View the full answer
Answered By
JAPHETH KOGEI
Hi there. I'm here to assist you to score the highest marks on your assignments and homework. My areas of specialisation are:
Auditing, Financial Accounting, Macroeconomics, Monetary-economics, Business-administration, Advanced-accounting, Corporate Finance, Professional-accounting-ethics, Corporate governance, Financial-risk-analysis, Financial-budgeting, Corporate-social-responsibility, Statistics, Business management, logic, Critical thinking,
So, I look forward to helping you solve your academic problem.
I enjoy teaching and tutoring university and high school students. During my free time, I also read books on motivation, leadership, comedy, emotional intelligence, critical thinking, nature, human nature, innovation, persuasion, performance, negotiations, goals, power, time management, wealth, debates, sales, and finance. Additionally, I am a panellist on an FM radio program on Sunday mornings where we discuss current affairs.
I travel three times a year either to the USA, Europe and around Africa.
As a university student in the USA, I enjoyed interacting with people from different cultures and ethnic groups. Together with friends, we travelled widely in the USA and in Europe (UK, France, Denmark, Germany, Turkey, etc).
So, I look forward to tutoring you. I believe that it will be exciting to meet them.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Probability And Statistics
ISBN: 9780321500465
4th Edition
Authors: Morris H. DeGroot, Mark J. Schervish
Question Posted:
Students also viewed these Statistics questions
-
A random variable X has the discrete uniform distribution show that the moment-generating function of Xis x = 1,2,..., k, f(r; k) 10, elsewhere. Mx (t) = e= kt
-
The n candidates for a job have been ranked 1, 2, 3,..., n. Let X = the rank of a randomly selected candidate, so that X has pmf (this is called the discrete uniform distribution). Compute E(X) and...
-
A random variable X has the discrete uniform distribution (a) Show that the moment-generating function is (b) Use MX (t) to fi nd the mean and variance of X. =, x=1,2,.m f(x) e (1-) Mx(t) = (1')
-
The e-commerce business in China has entered a golden period, with transaction volume of online trading reaching 21.86 billion yuan (US$2.64 billion) in 2004. With 94 million Internet users, more...
-
1. What effect did changes in government regulations have on the way Macys had to conduct its business? 2. What effect did the economy and current interest rates have on the ability of Macys to sell...
-
Assume you have just graduated and you have landed a job at Fitter as its new sales manager. The person you replaced has just retired after 35 years in the job. You are eager to put to use some of...
-
A 6 cylinder four stroke cycle petrol engine develops \(300 \mathrm{~kW}\) bp at 2500 r.p.m. The stroke to bore ratio is 1.25. Assuming the mechanical efficiency of \(80 \%\) and mean effective...
-
Awesome Sounds is a wholesale business that sells musical instruments. Transactions involving sales and cash receipts for the firm during April 2016 follow, along with the general ledger accounts...
-
Write JavaScript codes for the following program: Declare 2 variables: FirstName and Last Name Get a first name and last name from user and put them in the respecting variables Concatenate the first...
-
For how many integers x is the fraction 4x-17 / 5x+9 also an integer?
-
Construct an example of a distribution for which the mean is finite but the variance is infinite.
-
Suppose that the random variables X and Y are i.i.d. and that the m.g.f. of each is (t) = et2+3t for < t < . Find the m.g.f. of Z = 2X 3Y + 4.
-
A. How many electrons can be accommodated in the first, second, and third electron shells of an atom? B. How many electrons would atoms of the elements listed below have to gain or lose to obtain a...
-
A clothing manufacturer produces and boxes 45 shirts each hour. Five shirts are put in each box for shipment. How many boxes can be filled in 8 hours?
-
What is the horizontal component of the balls velocity when it leaves Sarita's hand? 2) What is the vertical component of the balls velocity when it leaves Sarita's hand? 3) What is the maximum...
-
Using the Internet analyze a particular current event in finance (or economics) using at least three sources. You will summarize your current event or topic and support your viewpoints and...
-
How do servant leaders prioritize the well-being and development of their team members, fostering a supportive environment that encourages autonomy, mastery, and purposeful engagement ?
-
A company sets an auction for N objects. Bidders place their bids for some subsets of the N objects that they like. The auction house has received n bids, namely bids bj for subset Sj, for j =...
-
Solve each equation. 2. X || 8 27
-
Which task is performed by a book-keeper? A. Analysing the trading results B. Entering transactions in the ledger C. Preparing year-end financial statements D. Providing information for...
-
The following categories for type of physical activity involved when an industrial accident occurred appeared in the article "Finding Occupational Accident Patterns in the Extractive Industry Using a...
-
Consider the population consisting of all computers of a certain brand and model, and focus on whether a computer needs service while under warranty. a. Pose several probability questions based on...
-
A Pareto diagram is a variation of a histogram for categorical data resulting from a quality control study. Each category represents a different type of product nonconformity or production problem....
-
Active Life Ltd has decided to manufacture a new line of running shoes based on a $50,000, two-year feasibility study. The shoes will sell for $85 a pair and has a variable cost of $30 a pair. It is...
-
Arch Airway expects to purchase 5.6 million gallons of jet fuel in three months and decides to use heating oil futures to hedge the fuel price risk. A regression has been performed: The dependent...
-
On March 1 the price of oil is $60 and the July futures price is $59. On June 1 the price of oil is $62 and the July futures price is $63.50. A company entered into a futures contracts on March 1 to...
Study smarter with the SolutionInn App