The circled answer is wrong Just show steps to arrive at a correct
answer please.Homework Answers
here cumulative distribution function:G(y)= P(Y<y) =P(max(X1,X2)<y)
=P(X1<y)*P(X2<y)=(y/5)*(y/5) =y2/25
option B is correct
Add Answer to:
The circled answer is wrong Just show steps to arrive at a correct
answer please.
(19)...
The circled answer is wrong, please show steps to arrive at a correct answer. (17) Assume...
The circled answer is wrong, please show steps to arrive at a
correct answer.
(17) Assume X and Y have the following joint density function: f(x,y) =-(x + y), 0<x<2,0<p<2 Calculate P(X +Ys 1). B) C) 17 24 A) E) 24 24
4a). Let X1 and X2 be independent random variables with a common cumulative distribution function...
4a). Let X1 and X2 be independent random variables with a common cumulative distribution function (i.e., c.d.f.) F(y) = { 0" if0cyotherwise。 Find the p.d. f. of X(2,-max(X, , xa). Are X(1)/X(2) and X(2) independent, where X(1,-min(X,, X2) ?
4a). Let X1 and X2 be independent random variables with a common cumulative distribution function (i.e., c.d.f.) F(y) = { 0" if0cyotherwise。 Find the p.d. f. of X(2,-max(X, , xa). Are X(1)/X(2) and X(2) independent, where X(1,-min(X,, X2) ?
The circled answer is wrong, show steps to arrive at a correct answer please. 9) Assume...
The circled answer is wrong, show steps to arrive at a correct
answer please.
9) Assume that the number of hurricanes during a given year follows a Negative Binomial distribution where r-4 and p-31%. Investor A and Investor B have entered an agreement where Investor A will pay Investor B $1,000,000 in the event that a hurricane does not occur. Given the probability density function for a Negative Binomial is P(X = n) = (n+r-1 calculate the expected payment that...
The circled answer is wrong please show steps to arrive at a correct answer. Company ABg...
The circled answer is wrong please show steps to arrive at a
correct answer.
Company ABg offers hurricane insurance to homeowners in Texas. Assume that the premium collected for hurricane insurance can be modeled by an Ex- ponential distribution with a mean of 3. Suppose that the hurricane losses can be modeled by an Exponential distribution with a mean of 1. If the premium collected and hurricane losses are independent, what is the probability that the ratio of losses to...
(7) Let X1,Xn are i.i.d. random variables, each with probability distribution F and prob- ability density function f. Define U=max{Xi , . . . , X,.), V=min(X1, ,X,). (a) Find the distribution functio...
(7) Let X1,Xn are i.i.d. random variables, each with probability distribution F and prob- ability density function f. Define U=max{Xi , . . . , X,.), V=min(X1, ,X,). (a) Find the distribution function and the density function of U and of V (b) Show that the joint density function of U and V is fe,y(u, u)= n(n-1)/(u)/(v)[F(v)-F(u)]n-1, ifu < u.
(7) Let X1,Xn are i.i.d. random variables, each with probability distribution F and prob- ability density function f. Define U=max{Xi...
The circled answer is wrong please show all work to arrive at a correct answer (23)...
The circled answer is wrong please show all work to arrive at a
correct answer
(23) Let X and Y represent the number of hours that a person spends cooking and doing the dishes, respectively, during a 30-day period. Assume that during a 30 -day period, the ex pected number of hours that a person spends in cooking is 20, with a variance of 40. Also assume that during a 30-day period, the expected number of hours that a person...
3.21. Problem. (Section 11.2) In each of the following cases below, assume that X and Y...
3.21. Problem. (Section 11.2) In each of the following cases below, assume that X and Y are independent random variables then use the Convolution Theorem to derive the proba- bility density function of X +Y. (a) The random variable X is uniform distribution on 0, 1) and the random variable Y is an exponential distribution with = 0.2. (b) The random variable X is a uniform distribution on (0, 2) and the random variable Y is a uniform distribution on...
Let Xi and X2 independent random variables, with distribution functions F1, and F2, respectively Let Y a Bernoulli random variable with parameter p. Suppose that Y, X1 and X2 are independent. Proof u...
Let Xi and X2 independent random variables, with distribution functions F1, and F2, respectively Let Y a Bernoulli random variable with parameter p. Suppose that Y, X1 and X2 are independent. Proof using the de finition of distribution function that the the distribution function of Z =Y Xit(1-Y)X2 is F = pF14(1-p)F2 Don't use generatinq moment functions, characteristic functions) Xi and X2 independent random variables, with distribution functions F1, and F2, respectively Let Y a Bernoulli random variable with parameter...
The circled answer is wrong please show the work to arrive at a correct answer please....
The circled answer is wrong please show the work to arrive at a
correct answer please.
n insurance policy reimburses 100% for losses up to $100, less a deductible. In addition, the policy reimburses 50% of losses beyond $100. The deductible is $20 and losses follow an Exponential distribution with mean $80. Calculate the probability that the reimbursement for a loss is less than $100, given that (12) the reimbursement is greater than SO A) 0.202 B) 0.632 (C)0.736 D)...
I don't understand a iii and b ii, What's the procedure of deriving the limit distribution? Thanks. 6. Extreme...
I don't understand a iii and b ii, What's the procedure of
deriving the limit distribution? Thanks.
6. Extreme values are of central importance in risk management and the following two questions provide the fundamental tool used in the extreme value theory. (a) Let Xi,... , Xn be independent identically distributed (i. i. d.) exp (1) random variables and define max(Xi,..., Xn) (i) Find the cumulative distribution of Zn (ii) Calculate the cumulative distribution of Vn -Zn - Inn (iii)...
The circled answer is wrong, please show steps to arrive at a
correct answer.
(17) Assume X and Y have the following joint density function: f(x,y) =-(x + y), 0<x<2,0<p<2 Calculate P(X +Ys 1). B) C) 17 24 A) E) 24 24
4a). Let X1 and X2 be independent random variables with a common cumulative distribution function (i.e., c.d.f.) F(y) = { 0" if0cyotherwise。 Find the p.d. f. of X(2,-max(X, , xa). Are X(1)/X(2) and X(2) independent, where X(1,-min(X,, X2) ?
4a). Let X1 and X2 be independent random variables with a common cumulative distribution function (i.e., c.d.f.) F(y) = { 0" if0cyotherwise。 Find the p.d. f. of X(2,-max(X, , xa). Are X(1)/X(2) and X(2) independent, where X(1,-min(X,, X2) ?
The circled answer is wrong, show steps to arrive at a correct
answer please.
9) Assume that the number of hurricanes during a given year follows a Negative Binomial distribution where r-4 and p-31%. Investor A and Investor B have entered an agreement where Investor A will pay Investor B $1,000,000 in the event that a hurricane does not occur. Given the probability density function for a Negative Binomial is P(X = n) = (n+r-1 calculate the expected payment that...
The circled answer is wrong please show steps to arrive at a
correct answer.
Company ABg offers hurricane insurance to homeowners in Texas. Assume that the premium collected for hurricane insurance can be modeled by an Ex- ponential distribution with a mean of 3. Suppose that the hurricane losses can be modeled by an Exponential distribution with a mean of 1. If the premium collected and hurricane losses are independent, what is the probability that the ratio of losses to...
(7) Let X1,Xn are i.i.d. random variables, each with probability distribution F and prob- ability density function f. Define U=max{Xi , . . . , X,.), V=min(X1, ,X,). (a) Find the distribution function and the density function of U and of V (b) Show that the joint density function of U and V is fe,y(u, u)= n(n-1)/(u)/(v)[F(v)-F(u)]n-1, ifu < u.
(7) Let X1,Xn are i.i.d. random variables, each with probability distribution F and prob- ability density function f. Define U=max{Xi...
The circled answer is wrong please show all work to arrive at a
correct answer
(23) Let X and Y represent the number of hours that a person spends cooking and doing the dishes, respectively, during a 30-day period. Assume that during a 30 -day period, the ex pected number of hours that a person spends in cooking is 20, with a variance of 40. Also assume that during a 30-day period, the expected number of hours that a person...
3.21. Problem. (Section 11.2) In each of the following cases below, assume that X and Y are independent random variables then use the Convolution Theorem to derive the proba- bility density function of X +Y. (a) The random variable X is uniform distribution on 0, 1) and the random variable Y is an exponential distribution with = 0.2. (b) The random variable X is a uniform distribution on (0, 2) and the random variable Y is a uniform distribution on...
The circled answer is wrong please show the work to arrive at a
correct answer please.
n insurance policy reimburses 100% for losses up to $100, less a deductible. In addition, the policy reimburses 50% of losses beyond $100. The deductible is $20 and losses follow an Exponential distribution with mean $80. Calculate the probability that the reimbursement for a loss is less than $100, given that (12) the reimbursement is greater than SO A) 0.202 B) 0.632 (C)0.736 D)...
I don't understand a iii and b ii, What's the procedure of
deriving the limit distribution? Thanks.
6. Extreme values are of central importance in risk management and the following two questions provide the fundamental tool used in the extreme value theory. (a) Let Xi,... , Xn be independent identically distributed (i. i. d.) exp (1) random variables and define max(Xi,..., Xn) (i) Find the cumulative distribution of Zn (ii) Calculate the cumulative distribution of Vn -Zn - Inn (iii)...
Most questions answered within 3 hours.
-
Assume that capital markets are competitive and that the
international Fisher hypothesis holds. The one-year interest...
asked 14 minutes ago -
Solid potassium phosphate is slowly added to 150 mL of a 0.0518
M calcium nitrate solution....
asked 28 minutes ago -
(CO 2) A field can be added to a report to
values for two or more...
asked 2 hours ago -
Identify 3 research scenarios that might provide a low,
medium, and high degree of variability in...
asked 2 hours ago -
how
does gravity affect the trajectory of projectile? what would be the
shape of the trajactory...
asked 3 hours ago -
Two small plastic spheres are given positive electrical charges.
When they are a distance of 15.4...
asked 3 hours ago -
An acidic solution containing gold ions is
electrolyzed, producing gaseous oxygen (from water) at the anode...
asked 3 hours ago -
Assume that the population of Mexico is 128
million and that the population increases 1.01
percentannually....
asked 4 hours ago -
Can someone please help me add appropriate descriptive
comments to each line of code in the...
asked 4 hours ago -
Romeo wishes to throw a bouquet of flowers to Juliet, who is on
a second-story balcony,...
asked 5 hours ago -
Why is QE a controversial monetary policy tool.
A. It may lead to excessive inflation.B. By...
asked 6 hours ago -
Principles of Programming midterm study guide help!
1.)
______ Which of the following would reference the...
asked 5 hours ago