standardizing a random variable if
Standardizing a Random Variable
If X is a random variable with E(X) = m and V(X) = s2, then Y = (X – m)/ s is a random variable with mean 0 and standard deviation 1.
The standardization (or normalization) of X results in Y.
Expected delivery within 24 Hours
random variable a variable which assumes different numerical values as a result of random experiments or random occurrences is known as a random
probability distributionssince the value of a random variable cannot be predicted accurately by convention probabilities are assigned to all the
how is the probability distribution of a random variable constructedusually the past behavior of the variable is studied and the frequency
expected valuefor taking decisions under conditions of uncertainty the concept of expected value of a random variable is used the expected value
standardizing a random variable if x is a random variable with ex m and vx s2 then y x ndash m s is a random variable with mean 0
continuous random variablein the probability distribution the sum of all the probabilities was 1consider the variable x denoting volume poured into a
covariance the variance is a measure of the variability or dispersion in a variable or data seta measure of the variability of one variable or data
discrete uniform distributionacme limited is a car manufacturer the company can paint the car in 3 possible colors white black and blue until the
the lognormal distributionif lnx is a normally distributed random variable then x is said to be a lognormal variableif p1 p2 p3 are the prices of a
1960747
Questions Asked
3,689
Active Tutors
1449706
Questions Answered
Start Excelling in your courses, Ask a tutor for help and get answers for your problems !!
create a temporary committee to investigate the cause of the recent werewolf attacks in major cities throughout the United States.
Compare the Marxist Theory and Psychology of Addiction with the Realistic Theory and psychology of Addition.
Explain how the Articles of Confederation made the above scenario possible. Describe how this scenario influenced the framers' decisions in creating the Constit
Question: The Federal Bureaucracy has to put up with a lot of "red tape". What is "red tape" in regards to government?
Question: What is "power of recognition" when it comes to the office of the president? Question Select one
Question: What right does the Ordinance Power give to the president? Question Select one:
Analyze leadership of an organization during a particular event or across a defined set of events. The assignment will assess your ability to identify