EXERCISE 3. Suppose X;'s are i.i.d. Beta B(3,6) (a) Compute E(5Xị - X1X2 – 4); Inn
Q has Beta[a,b] (a=6, b=5) (X|Q=q) i.i.d Geom[q] therefore E[X|Q] = [1-Q / Q] Var[X] = [1-Q / Q^2] 6.1 E[X] = ? 6.2 Var[X] = ?
3. Let Xi, , Xn be i.i.d. Lognormal(μ, σ2) (a) Suppose σ-1, prove that S-X(n)/X(i) is an ancillary statistics. (b) Suppose p 0, prove T-X(n) is a sufficient and complete statistics (c) Find a minimal sufficient statistics.
3. Let Xi, , Xn be i.i.d. Lognormal(μ, σ2) (a) Suppose σ-1, prove that S-X(n)/X(i) is an ancillary statistics. (b) Suppose p 0, prove T-X(n) is a sufficient and complete statistics (c) Find a minimal sufficient statistics.
4. Exercise Let X, Y be RVs. Denote E[X] = Hy and E[Y] =py. Suppose we want to test the null hypothesis Ho : Mx = uy against the alternative hypothesis Hi : 4x > uy. Suppose we have i.i.d. pairs (X1,Yı),...,(Xn, Yn) from the joint distribution of (X,Y). Further assume that we know the X - Y follows a normal distribution. (i) Show that exactly) T:= (X-Y)-(ux-uy) - tn-1), Sin (3) where s2 = n-1 [?-,((X; – Y;) –...
Answer all parts please.
Question 3: Suppose that X and Y are i.i.d. N(0,1) r.v.'s (a) (5 marks). Find the joint pdf for U Х+Ү andV — X+2Y. (b) (3 marks). The joint pdf of U and V is for what particular distribution? (Hint: See p.81 of the textbook.) (c) (2 marks). Are U and V independent? Why?
2. Suppose Xi,X2,..., Xn are i.i.d. random variables such that a e [0, 1] and has the following density function: r (2a) (1a-1 where ? > 0 is the parameter for the distribution. It is known that E(X) = 2 Compute the method of moments estimator for a
Please show all work in a clear manner.
Thank you!
Exercise 3 , X18 be i.i.d. from N(μι, 7σ2), and y, Let Xi, and l from N(μ2,3c2). Σ, JX-P Xi's 2. For what ,Y23 be i. i.d. and Yi t. S. Ẻ Σ1alx,-X)2 and S, = value of c does the expression e have the F17,22 distribution? iS are independen
4. Suppose preferences are represented by the Cobb-Douglas utility function, u(x1x2) = xx-. a) Show that marginal utility is decreasing in X and X2. What is the interpretation of this property? b) Calculate the marginal rate of substitution c) Assuming an interior solution, solve for the Marshallian demand functions.
in 4. Suppose that {Xk, k > 1} is a sequence of i.i.d. random variables with P(X1 = +1) = 1. Let Sn = 2h=1 Xk (i.e. Sn, n > 1 is a symmetric simple random walk with steps Xk, k > 1). (a) Compute E[S+1|X1, ... , Xn] for n > 1. Hint: Check out Example 3.8 in the lecture notes (Version Mar/04/2020) for inspiration. (b) Find deterministic coefficients an, bn, Cn possibly depending on n so that Mn...
Suppose fis a differentiable function of x and y, and g(r,s) - 8r - S, s2 - 7/). Use the table of values below to calculate 9:3, 6) and 9:(3,6). f fx 9 4 Fy 3 9 2 (18, 15) (3,6) 4 9 7 8 9.(3, 6) = 9s(3, 6) = Need Help? Read It Talk to Tutor
3. Suppose X1 with prob 1/2 and X-1 with prob. 1/2. Let Xi,.... Xn be i.i.d. with the same distribution as X (a) Find the mgf of X. (b) Let Ya=MtstAn. Find the mgfmyn(t). (c) Use the approximation: e 1for small r to find the liit of my (t) as noo for each fixed t. Can you identify this mgf?