Yang [2012] computes (E|x-X|^{s}) as (|x|^{s}) for (|x| geq 2000). Compute the relative error in this approximation.

Question:

Yang [2012] computes $E|x-X|^{s}$ as $|x|^{s}$ for $|x| \geq 2000$. Compute the relative error in this approximation. That is, compute (true value approximate value)/(true value) for the Cauchy distribution when $x=2000$.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Cases And Materials On Employment Law

ISBN: 9780199580712

8th Edition

Authors: Richard Painter, Ann Holmes

See More Books

Question Posted: Feb 27, 2024 03:01 AM

See More Questions

ttth Suppose that the sequence of bags {Bn | n N} is recursively enumerated by the computable function e(n, x) = fn(x), [7 marks] Hence prove that the set of all recursive bags cannot be recursively...
can someone solve this Modern workstations typically have memory systems that incorporate two or three levels of caching. Explain why they are designed like this. [4 marks] In order to investigate...
Refer to the information below: Provide solution to the Questions below. The University of Cambridge is decided to hold its requirements beneath growing monetary strain. The government continues...
The following data represent the prices in dollars of general admission tickets for the last 18 concerts at one venue. Use the given data to determine the stems for this stem-and-leaf plot. $50 $61...
In a certain course, grades are based on three tests worth 100 points each, three quizzes worth 50 points each, and a final exam worth 200 points. A student has test grades of 91, 82, and 88, and...
Here is an alphabetical list of the accounts of G. Marguerite on 31 December 20X1. Required: Prepare a 31 December 20Xl classified balance sheet (without amounts) for G. Marguerite. Accounts payable...
Calculate the solution to the following SDE: \[d X_{t}=\alpha\left(m-X_{t} ight) d t+\sigma d B_{t}\] with $X_{0}=x$. The process satisfying this equation is called the meanreverting...
Hathaway Manufacturing issues long-term debt on January 1, 2011. The debt has a face value of $300,000 and an annual stated interest rate of 10 percent. The debt matures on January 1, 2016. (a)...
If Z1 and z are non-real solutions of the equation (z 2) + 8 = 0, find the value of | Z1 Z2|| -
Prove that if $X$ is $d$-dimensional standard normal, then \[ \lim _{|x|_{d} ightarrow \infty} \frac{E|x-X|_{d}}{|x|_{d}} ightarrow 1 \]
Prove that if $X$ is symmetric stable and \(E|x-X|^{s}
Explain the three types of cash flows reported in a cash flow statement. Give examples of each type and explain the classification of each example.
Susan was a one-third partner in Anders Mountain Partners until last month. Last month, she received a cash distribution of $\$ 25,000$ in "redemption" (i.e., partial liquidation) of half her...
What other potential problems may be relevant to the introduction or implementation of performance management?
Sales of cars at a local auto dealer total 3000 cars per year. The dealer reports inventory turns of 30 per year. Compute a. Average inventory in the dealers lot b. The length of time the average car...
Demand is normally distributed with a mean of 500 and a standard deviation of 200. Newsvendor assumptions hold. The selling price per unit is $400, cost per unit is $200, and salvage per unit is $40....
Demand for an item over the next five periods is forecasted to be 10, 20, 15, 16, and 18. There are currently 20 items on hand. The order cost is $100 per order, and each item costs $50. The time...
The function f(x) = 2e-1.5x can be used to generate the following table of unequally spaced data: Evaluate the integral from = 0 to b = 0.6 using (a) Analytical means, (b) The trapezoidal rule, and...
Critical reading SAT scores are distributed as N(500, 100). a. Find the SAT score at the 75th percentile. b. Find the SAT score at the 25th percentile. c. Find the interquartile range for SAT scores....
(-8x + 5y 12) 6(2x 4y 10)
Evaluate 2x squared when x = 5 and when x = -5
[6(x + 4) 12] [5(x 8) + 14]
Managing successfully in today's business environment requires striking a balance between efficiency and motivation; simply figuring out the best way to perform a job is not enough. To compete for...
How could managers best strive to have their organizations be "faith friendly" rather than "faith based"?
To boost ticket sales during the day, AMC Theatres decided to offer discounts to Senior Citizens (65+), who tend to be retired and home during the day. This is an example of?

Yang [2012] computes (E|x-X|^{s}) as (|x|^{s}) for (|x| geq 2000). Compute the relative error in this approximation.

Question:

Step by Step Answer:

To compute the relative error in the approximation given by Yang 2012 for the Cauchy distribution wh...View the full answer

Cases And Materials On Employment Law

Students also viewed these Social Science questions