1. Suppose daily demands are i.i.d. random variables, each having probability mass func- tion given by...
2. Suppose X and Y are independent random variables with the pdf (probability density func- tion) f(x) e-2 for x > 0. (a) What is the joint probability density function of (X, Y)? (b) Define W-X-Y, Z = Y, then what is the Joint probability density function fw.z(w, z) for (W, Z). (c) Determine the region for (w, z) where fw.z is positive. (d) Calculate the marginal probability density function for W.
2. Suppose X and Y are independent random variables with the pdf (probability density func- tion) f(x)- for x > 0. (a) What is the joint probability density function of (X, Y)? (b) Define W = X-Y, Z = Y, then what is the joint probability density function fw,z(w, z) for (W, Z). (c) Determine the region for (w, z) where fw,z is positive. (d) Calculate the marginal probability density function for W
5. Let X1, ..., X 100 be i.i.d. random variables with the probability distribution function f(x;0) = 0(1 - 0)", r=0,1,2..., 0<o<1 Construct the uniformly most powerful test for H, :0= 1/2 vs HA: 0 <1/2 at the significance level a =0.01. Which theorems are you using? Hint: EX = 1, VarX = 10.
Suppose the daily demand of a product follows a normal distribution with the mean of 50 units and the standard deviation of 10 units. Lead time is 9 days. The ordering cost is $400 per order, and the inventory holding cost is $20 per unit per year. A cycle service level (probability of no stockout) of 95% is required. Using the fixed order quantity model, what is the reorder point? 500 450 O 720 630 MRP is a technique designed...
1) Suppose that three random variables, X, Y, and Z have a continuous joint probability density function f(x, y. z) elsewhere a) Determine the value of the constant b) Find the marginal joint p. d. fof X and Y, namely f(x, y) (3 Points) c) Using part b), compute the conditional probability of Z given X and Y. That is, find f (Z I x y) d) Using the result from part c), compute P(Z<0.5 x - 3 Points) 2...
R studio #Exercise : Calculate the following probabilities : #1. Probability that a normal random variable with mean 22 and variance 25 #(i)lies between 16.2 and 27.5 #(ii) is greater than 29 #(iii) is less than 17 #(iv)is less than 15 or greater than 25 #2.Probability that in 60 tosses of a fair coin the head comes up #(i) 20,25 or 30 times #(ii) less than 20 times #(iii) between 20 and 30 times #3.A random variable X has Poisson...
Economics- Probability and stats
1. Find the value of the 75th percentile of the following array: 5,10,43,9,8,6,2,5 A) 8 B) 9 C) 9.5 D) 8.5 2. Two independent events, A and B, where the P(B) is 0.44 and the probability that A does not occur or B occurs is 0.74. What is the probability that event A occurs? A) 0.3 B) 0.54 C) 0.46 D) 0.28 3. Which of the following is FALSE? A) B) A sampling distribution is a...
apter 1. Consider the following data on distances traveled by 100 people to visit the local park. 1-8 30 25 20 15 10 9-16 17-24 25-32 33-40 Expand and construct the table adding columns for relative frequency and cumulative relative frequency. Then plot Histogram, Frequency Polygon and Ogive Curve. 2. Math test anxiety can be found throughout the general population. A study of 200 seniors at a local high school was conducted. The following table was produced from the data....
For z e R and θ (0, 1), define otherwise. Let X1 , . . . , X" be i..d. random variables with density f, for some unknown θ E (0, 1) 1 point possible (graded, results hidden) To prepare, sketch the pdf f, (z) for different values of θ E (0,1) Which of the following properties of fo (z) guarantee that it is a probability density? (Check all that apply) Note (added May 3) Note that you are not...
The following ANOVA model is for a multiple regression model
with two independent variables:
Degrees
of
Sum
of
Mean
Source
Freedom
Squares
Squares
F
Regression
2
60
Error
18
120
Total
20
180
Determine the Regression Mean Square (MSR):
Determine the Mean Square Error (MSE):
Compute the overall Fstat test statistic.
Is the Fstat significant at the 0.05 level?
A linear regression was run on auto sales relative to consumer
income. The Regression Sum of Squares (SSR) was 360 and...