Is it true that a hazard rate function (x) is constant if and only if the distribution
Question:
Is it true that a hazard rate function μ(x) is constant if and only if the distribution is exponential?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (4 reviews)
This is true In one direct...View the full answer
Answered By
Akshay Agarwal
I am a Post-Graduate with a specialization in Finance. I have been working in the Consulting industry for the past 8 years with a focus on the Corporate and Investment Banking domain. Additionally, I have been involved in supporting student across the globe in their academic assignments and always strive to provide high quality support in a timely manner. My notable achievements in the academic field includes serving more than 10,000 clients across geographies on various courses including Accountancy, Finance, Management among other subjects. I always strive to serve my clients in the best possible way ensuring high quality and well explained solutions, which ensures high grades for the students along-with ensuring complete understanding of the subject matter for them. Further, I also believe in making myself available to the students for any follow-ups and ensures complete support and cooperation throughout the project cycle. My passion in the academic field coupled with my educational qualification and industry experience has proved to be instrumental in my success and has helped me stand out of the rest. Looking forward to have a fruitful experience and a cordial working relationship.
5.00+
179+ Reviews
294+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Is it true that advertising works only if it produces immediate sales?
-
Is it true that a high investment rate is a precondition for convergence?
-
A differentiable function f on a convex set S is constant if and only if Df[x] = 0 for every x S.
-
Write a program that takes the name of an image file as a command-line argument, and creates and shows three Picture objects, one that contains only the red components, one for green, and one for...
-
What may be included under the heading of cash?
-
(a) From the graph of f, state the numbers at which f is discontinuous and explain why. (b) For each of the numbers stated in part (a), determine whether f is continuous from the right, or from the...
-
The velocity ratio of first system of pulleys is 2n. True or False
-
Arma Company sells equipment on September 30, 2014, for $20,000 cash. The equipment originally cost $72,000 and as of January 1, 2014, had accumulated depreciation of $42,000. Depreciation for the...
-
Explain how the selection of absorbents with specific chemical functionalities can enhance selectivity and capacity in applications such as carbon capture and ammonia scrubbing. What are the key...
-
Find the force of mortality function for the cases of Example 3.1-1. Write s(120).
-
Show by differentiation that (3.1.7) is a solution to (3.1.5).
-
What kind of relationship does a network data model represent? a. One-to-one relationship b. One-to-many relationship c. Many-to-one relationship d. Many-to-many relationship
-
The residents of Vegopia spend all of their income on cauliflower, broccoli, and carrots. In 2020, they spend a total of $200 for 100 heads of cauliflower, $75 for 50 bunches of broccoli, and $50 for...
-
In each of the following cases, in the short run, determine whether the events cause a shift of a curve or a movement along a curve. Determine which curve is involved and the direction of the change....
-
Concerned about the crowding-out effects of government borrowing on private investment spending, a candidate for president argues that the United States should just print money to cover the...
-
Below are some data from the land of milk and honey. a. Compute nominal GDP, real GDP, and the GDP deflator for each year, using 2020 as the base year. b. Compute the percentage change in nominal...
-
Sallie Mae is a quasi-governmental agency that packages individual student loans into pools of loans and sells shares of these pools to investors as Sallie Mae bonds. a. What is this process called?...
-
Rocco owns a piece of land as investment property. He acquired the land in 1988 for $18,000. On June 1, 2011, he sells the land for $80,000. As part of the sale, the buyer agrees to pay all of the...
-
When is the indirect pattern appropriate, and what are the benefits of using it?
-
Which of the following pairs of independent variables would violate Assumption VI? (That is, which pairs of variables are perfect linear functions of each other?) a. Right shoe size and left shoe...
-
In Hollywood, most nightclubs hire promoters, or people who walk around near the nightclub and try to convince passersby to enter the club. One of the nightclub owners asked a marketing consultant to...
-
Create null and alternative hypotheses for the following coefficients: a. The impact of height on weight b. All the coefficients in Equation A in Exercise 5, Chapter 2 c. All the coefficients in Y = ...
-
Consider a vote being taken by three individuals: Alice, Bob, and Carol. Their choices are P, E, and S, and their preferences for the three alternatives are given in the following table. Alice Bob...
-
Bonita Inc. bought a machine on January 1 , 2 0 1 6 for $ 8 0 9 0 0 0 . The machine had an expected life of 2 0 years and was expected to have a salvage value of $ 7 9 0 0 0 . On July 1 , 2 0 2 6 ,...
-
Explain why you should never price in the inelastic part of your demand curve please consider total revenue price and costs in your response.
Study smarter with the SolutionInn App