Let X and Y be two random variables, denoting the age and weight (in kg), respectively....
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
Let X and Y be two random variables, denoting the age and weight (in kg), respectively. Consider a random sample of size n = 20 from these two variables: X = {28, 50, 61, 72, 80, 51, 20, 35, 28, 97, 37, 64, 46, 67, 34, 21, 21, 59, 46, 46) Y = {62, 87, 88, 109, 95, 104, 58, 82, 70, 102, 67, 104, 83, 89, 69, 68, 65, 103, 78, 102) (a) Find the mean and median of X. (b) Find the variance of X. (Use population variance, i.e normalize by total number of observations) (c) Find the 2-dimensional mean u d) Find the covariance matrix between these two variables. (Do not use the built-in function) (e) Find the eigenvalues and eigenvectors of the covariance matrix. (Do not use the built-in function) (f) What is the probability of observing an age of 75 or higher? (g) What is the correlation between age and weight? (Do not use the built-in function) (h) Draw the scatter plot of the variable Y versus the variable X. Let X and Y be two random variables, denoting the age and weight (in kg), respectively. Consider a random sample of size n = 20 from these two variables: X = {28, 50, 61, 72, 80, 51, 20, 35, 28, 97, 37, 64, 46, 67, 34, 21, 21, 59, 46, 46) Y = {62, 87, 88, 109, 95, 104, 58, 82, 70, 102, 67, 104, 83, 89, 69, 68, 65, 103, 78, 102) (a) Find the mean and median of X. (b) Find the variance of X. (Use population variance, i.e normalize by total number of observations) (c) Find the 2-dimensional mean u d) Find the covariance matrix between these two variables. (Do not use the built-in function) (e) Find the eigenvalues and eigenvectors of the covariance matrix. (Do not use the built-in function) (f) What is the probability of observing an age of 75 or higher? (g) What is the correlation between age and weight? (Do not use the built-in function) (h) Draw the scatter plot of the variable Y versus the variable X.
Expert Answer:
Related Book For
Mathematical Statistics With Applications In R
ISBN: 9780124171138
2nd Edition
Authors: Chris P. Tsokos, K.M. Ramachandran
Posted Date:
Students also viewed these accounting questions
-
Let X and Y be two random variables with joint density function (a) Find the conditional expectation, E(X | Y = 3 / 4). (b) Find Cov(X, Y). &ry, 0
-
Let X and Y be two random variables with joint density function (a) Find the conditional expectation, E(X | Y = y). (b) Find Cov (X, Y). (c) Are X and Y independent? Why? e-, 0
-
Let X and Y be two random variables such that EX=0, sd(X) = 5 EY = 0, sd(Y) = 2 p=0.8 (13) (14) (15) Assume the joint distribution of (X, Y) is bivariate normal. Find Pr(Y> 2.8 X = 12.5)
-
Walnut Corporation owns 6 percent of Teak Corporation, a domestic corporation. During the current year, Walnut Corporation received $20,000 in dividends from Teak Corporation. Assuming that Walnuts...
-
Under what circumstances would purchase of a Treasury Inflation Protected Security (TIPS) from the U.S. government be virtually risk free?
-
In early 2012, Sosa Enterprises purchased a new machine for $10,000 to make cork stoppers for wine bottles. The machine has a 3-year recovery period and is expected to have a salvage value of $2,000....
-
Crush Autosmashers can purchase a new electromagnet for moving cars at a cost of \($20,000.\) At the end of its useful life, the electromagnet will be worth \($1,000.\) If Crushs MARR is 12...
-
The bank portion of the bank reconciliation for Carlin Company at November 30, 2012, is shown here and on the next page. The adjusted cash balance per bank agreed with the cash balance per books at...
-
- Suppose that Brine Freez servings sell for $4 each; capital is paid a daily rental rate of $20 ; and labor is paid a daily wage of $80 . - Calculate the value of marginal product of labor (L) and...
-
Mr. Urgent is the Chief Executive Officer (CEO) of one of the stable companies. He is very passionate about corporate valuation and growth. As a mean to enhance the value of the firm he advised to...
-
If the point A(0, 2) is equidistant from the points B(3, p) and C(p, 5), find p. Also find the length of AB.
-
How can strategic groups be used to determine market competitors?
-
How can driving forces be used to envision the future?
-
What can be done to use SWOT analysis more effectively?
-
Why does members degree of control often correlate closely with their degree of equity in an alliance?
-
How can the use of NPV and IRR together help leaders make better capital allocation decisions?
-
An investor purchases shares of a company at $55. The company paid a $3 annual dividend which is expected to grow by 15% per year. What is the expected return per year on this transaction? A...
-
Assume you are the accountant for Catalina Industries. John Catalina, the owner of the company, is in a hurry to receive the financial statements for the year ended December 31, 20X1, and asks you...
-
For the state finance data of Exercise 14.2.3: (a) Draw a scatterplot. (b) Fit a least-squares line.
-
In tossing three fair coins, let the random variable X be defined as X = number of tails. Then the distribution of X is given by Write down the Metropolis or Metropolis-Hastings algorithm for...
-
Let X and Y be independent and identically distributed random variables with pdf Find the distribution of (XY)/2. 1x20 otherwise 0,
-
Using the data in Tables 7.13 and 7.14, does this farm qualify for debt (i.e., is the farm profitable, liquid, and solvent)? Table 7.13 Table 7.14 Item 2006 2007 2008 2009 2010 2011 2012 Gross cash...
-
The book basis of depreciable assets for Erwin Co. is 900,000 and the tax basis is 700,000 at the end of 2015. The enacted tax rate is 34% for all periods. Determine the amount of deferred taxes to...
-
How does an asset gain or loss develop in pension accounting?
Study smarter with the SolutionInn App