Question: HW_3 # Using Python please answer the bellow two questions. The dataFrame variables are : 'age' , 'success, , 'accident' , 'events' , 'time' ,

HW_3 #

Using Python please answer the bellow two questions.

The dataFrame variables are : 'age' , 'success, , 'accident' , 'events' , 'time' , 'income 1. Simulate data of size 2500 such that variable 'age' will have values from 1 to 100, variable 'success' will be simulated from geometric distribution with success probability p=.30, variable 'accident' will be simulated from binomial distribution with parameters n=10 and p=.60, variable 'events' will be simulated from Poisson distribution with parameter lambda=4, variable 'time' from exponential distribution with parameter 1/7, variable 'income' from normal distribution with parameters 10 and 2. Split the simulated data by age variable. Compute mean for each age of the simulated data. Randomly replicate this procedure for 100 times and then again compute mean.

2. In this simulation design, we will simulate data of size 2500 from various probability models under the assumption that data will be generated with varying parameter values where age takes values from 1 to 100 from uniform distribution. The probability models are binomial (parameters, n=10, p between 0.4 & 0.7), Poisson (parameter, between

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Mathematics Questions!

I received the answers for the bellow questions. But For loop i was not found inside the program in both problems 1 and 2. Please repeat HW_3 # Using Python please answer the bellow two questions....

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...

Portray in words what transforms you would have to make to your execution to some degree (a) to accomplish this and remark on the benefits and detriments of this thought.You are approached to compose...

Lombard Ltd has been offered a contract for which there is available production capacity. The contract is for 20,000 identical items, manufactured by an intricate assembly operation, to be produced...

1. Data analysis always involves the use of quantitative methods. a. True b. False 2. Quantitative data include the number of interviews conducted and how something looks. a. True b. False 3.. Each...

The financial statements of Aritzia Inc. are shown in Appendix A at the back of this textbook. They contain the following selected accounts: Instructions a. Answer the following questions: 1. In...

Think of a time when an assessment or model did not measure what it was supposed to or did not measure it well. What happened? Why did the measurement miss the mark? What were some of the...

Lets be more practical. DCF is not the gospel. Managers should not become so enchanted with DCF that strategic considerations are overlooked. Do you agree? Explain.

please help ASAP Which of the following is FALSE regarding ARM loans? ARMs with more frequent adjustments to the composite rate are more risky to lenders than ARMs with less frequent adjustments none...

At what temperature T, does the specific heat of the free electrons becomes larger than the specific heat of the lattice. Express this temperature in terms of the Debye temperature and electron...

1. Look for a written sample of a Deed of Sale, notarized or otherwise. This may be a hard copy, a Word file, JPEG file or a PDF file. 2. From the above document which you have obtained, you should...

sa Problema 1 A boy riding a bicycle can be modeled as a mass-spring-shock absorber system. The weight of the child is 80N, the constant of elasticity of the spring is 5000 N/m, and the damping...

Exercise 3.10 3.10 Use the Normal table. Use Table A to find the proportion of observations from a standard Normal distribution that satisfies each of the following statements. In each case, sketch a...

PROBLEM 6. (20 points) Assume a solution of boron and water. Density of water is 1.0 g/cm and the concentration of natural boron is 72g/cm. This solution is exposed to a source of thermal neutrons...

a) What is the cost per kg of oranges for each supplier? b) Which is the cheapest supplier and which is the most expensive supplier? c) List the priority in which you will purchase from each...

Cooler Corporation is a manufacturer of cooling products. It purchases 14,400 units of a particular component (CK55) each year at a cost of $60 per unit. Cooler Corporation requires a 12% annual rate...

Two mutually exclusive investment alternatives are being considered. Alternative A requires an initial investment of $20,000 in a machine. Annual operating and maintenance costs are anticipated to be...

The medical records of the male diabetic patients reporting to a clinic during one year provide the following percentages. Suppose a patient is chosen at random from this group, and the events A, B,...

A bank rewards its employees by giving awards to any employee who is cited by a customer for giving special service. Each award consists of two gift certificates contained in a sealed envelope. Each...

Refer to Exercise 4.53. Let C denote the event that the employee gets either lunch or flowers or both. (a) Relate C to the events A and B, and calculate P(C) using a law of probability. (b) State the...