3. (25 P) Account balance of customers in a bank have the following probability density function:...
3. (25 P) Account balance of customers in a bank have the following probability density function: 0.05, f(x) = { a, 0, 0 < x < 5 5 < x < 10 otherwise a. Develop a random variate generator for the distribution b. Generate 3 values of the random variate using R1 = 0.1, R2 = 0.2, R3 = 0.95.
1 3. (25 P) Account balance of customers in a bank have the following probability density function: 2 3 (0.05, 0<x< 5 4 f(x) = a, 5 <x< 10 5 0, otherwise 6 7 a. Develop a random variate generator for the distribution 8 9 b. Generate 3 values of the random variate using R 1 = 0.1. R 2 = 0.2. R 3 = 0.95. 10 11 12 13 14 15 16 17 18 19 20 21 22 23
1 3. (25 P) Account balance of customers in a bank have the following probability density function: 2 3 (0.05, 0<x< 5 4 f(x) = a, 5 <x< 10 5 0, otherwise 6 7 a. Develop a random variate generator for the distribution 8 9 b. Generate 3 values of the random variate using R 1 = 0.1. R 2 = 0.2. R 3 = 0.95. 10 11 12 13 14 15 16 17 18 19 20 21 22 23
3. Let X be a continuous random variable with probability density function ax2 + bx f(0) = -{ { for 0 < x <1 otherwise 0 where a and b are constants. If E(X) = 0.75, find a, b, and Var(X). 4. Show that an exponential random variable is memoryless. That is, if X is exponential with parameter > 0, then P(X > s+t | X > s) = P(X > t) for s,t> 0 Hint: see example 5.1 in...
Suppose that the probability density function of X is f(x) {cx3 0 1< x < 5 otherwise where c is a constant. Find P(X < 2).
Suppose that the probability density function of X is f(x) {cx3 0 1< x < 5 otherwise where c is a constant. Find P(X < 2).
Suppose that the probability density function of X is f(x) {cx3 0 1< x < 5 otherwise where c is a constant. Find P(X < 2).
Suppose that the probability density function of X is f(x) {cx3 0 1< x < 5 otherwise where c is a constant. Find P(X < 2).
PLEASE SOLVE FULLY WITH NEAT HANDWRITING AND STATE THE FINAL ANSWER IN A BOX!!!!! Suppose that the density (pdf) function for a random variable X is given by f(X) = _ for 0 SX the probability P(0.5 1)? Round your answer to four decimal places. 2 and f(x)-0 otherwise. What is Suppose that the density (pdf) function for a random variable X is given by f(X) = _ for 0 SX the probability P(0.5 1)? Round your answer to four...
1. Let X be a continuous random variable with probability density function f(x) = { if x > 2 otherwise 0 Check that f(-x) is indeed a probability density function. Find P(X > 5) and E[X]. 2. Let X be a continuous random variable with probability density function f(x) = = { SE otherwise where c is a constant. Find c, and E[X].