Question 5 Generate a random sample of size 500 using the I distribution with shape =...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
Question 5 Generate a random sample of size 500 using the I distribution with shape = 0.1 and rate=0.01. (hint: E(X) 10 e V(X) = 1000) = • Plot the denisity of this gamma function in appropriate plot. # Enter the appropriate R command here: • Write the R code to generate a sample of 500 observation from this Gamma distribution. #Enter the appropriate R command here: Repeat this procedure 1000 times and for each time compute the sample mean of the obtained sample. #Enter the appropriate R command here: • Plot a histogram with the sample means obtained and add normal density of the Central Limit Theorem approximation. #Enter the appropriate R command here: Find the 2.5% and 97.5% quantiles of the sample means. #Enter the appropriate R command here: • Obtain the 2.5% and 97.5% quantiles of the Normal distribution with = 10 and ² = 100. # Enter the appropriate R command here: • Comment on your findings. ● Question 5 Generate a random sample of size 500 using the I distribution with shape = 0.1 and rate=0.01. (hint: E(X) 10 e V(X) = 1000) = • Plot the denisity of this gamma function in appropriate plot. # Enter the appropriate R command here: • Write the R code to generate a sample of 500 observation from this Gamma distribution. #Enter the appropriate R command here: Repeat this procedure 1000 times and for each time compute the sample mean of the obtained sample. #Enter the appropriate R command here: • Plot a histogram with the sample means obtained and add normal density of the Central Limit Theorem approximation. #Enter the appropriate R command here: Find the 2.5% and 97.5% quantiles of the sample means. #Enter the appropriate R command here: • Obtain the 2.5% and 97.5% quantiles of the Normal distribution with = 10 and ² = 100. # Enter the appropriate R command here: • Comment on your findings. ●
Expert Answer:
Answer rating: 100% (QA)
setseed 600 x rgamma 500shape01scale100 meanx 1 12607 histxprobTmainGammascale100 ... View the full answer
Related Book For
Posted Date:
Students also viewed these accounting questions
-
The purpose of this mini-project is to help you verify the Rule for Sample Means, using a physical simulation. Suppose you are interested in measuring the average amount of blood contained in the...
-
With reference to Exercise 10.21, find the efficiency of the estimator of part (a) with Ï = 1/2 relative to this estimator with In exercise If 1 is the mean of a random sample of size n from a...
-
A random sample of size n1 = 25 taken from a normal population with a standard deviation < 1 = 5 has a mean 1 = 80. A second random sample of size n2 = 36, taken from a different normal population...
-
Calculate the moment of inertia about the base of composite lamina made up of a semicircle of 120 mm base diameter is removed from base of rectangle 120 mm X 500 mm such that lamina is symmetrical to...
-
A companys gains or losses from the early extinguishment of debt theoretically can be accounted for in three ways: a. Amortized over remaining life of old debt b. Amortized over the life of the new...
-
One kmol of octane (C8H18) is burned with air that contains 21 kmol of O2. Assuming the products contain only 1) CO2, 2) H2O, 3) O2 and 4) N2, determine the. (a) Mole number of each gas in the...
-
Analyze transactions ag, using the example that follows. a. Sarah Linton established Kitty-Kat Beauty Parlor, Inc., by incorporating and investing $2,400 in exchange for 240 shares of $10 par value...
-
Cragsmore & Company, a medium-sized partnership of CPAs, was engaged by Marlowe Manufacturing, Inc., a closely held corporation, to audit its financial statements for the year ended December 31,...
-
Directions: Show all your work neatly and in order. 1. Consider the curve C: r(t) = (t, cos 2t, sin 2t). (a) Find parametric equations of the tangent line to C at P(7, 1, 0). (b) Find the arc length...
-
Katie Scarlett is analyzing the 15-unit apartment building for a client for possible purchase. She expanded her analysis from just the DCF (Income) to include the Direct Cap (Income), the Cost and...
-
describe about 6 existing condition that could lead to a strategic planning
-
Upon retirement, your goal is to spend 5 years traveling around the world. To travel in the style to which you are accustomed will require $200,000 per year at the beginning of each year. If you plan...
-
I think that if you are going to form a relationship (alliance) with anyone/company/etc. that you should comprehend each other's cultures, values, styles, etc. before joining forces. If they don't...
-
Explain how a company could: (a) avoid a backlog of orders when sales exceed expectations; (b) avoid product defects on new products; (c) offer more credit to its customers when it already has a bad...
-
What is the standard revenue from this brand? Note: Carry out the answer to two decimal points Opening inventory = 6.4 bottles Issues = 5 bottles Ending inventory = 6.7 bottles Bottle size = 1.5...
-
How does the Basel III framework impact a bank's capital requirements and risk-weighted assets, and what are the implications for a bank's ability to engage in lending and investment activities ?
-
estion 1 Suppose tan y 2 e0 where inside and Othere are expressions in terms of x only Someone tried to find y using implicit differentiation The first two lines of their solution is shown below Find...
-
Vectors are drawn from the center of a regular n-sided polygon in the plane to the vertices of the polygon. Show that the sum of the vectors is zero.
-
The National Institute on Drug Abuse issued the report Monitoring the Future, which addressed the issue of drinking, cigarette, and smokeless tobacco use for eighth, tenth, and twelfth graders....
-
Identify the two most commonly used measures of center for quantitative data. Explain the relative advantages and disadvantages of each.
-
Answer true or false to the following statement, and give a reason for your answer: If a 95% confidence interval for a population mean, , is from 33.8 to 39.0, the mean of the population must lie...
-
a. The market capitalization of a firm with 100 percent stock equity is $10,000,000. Assume $8,000,000 of .10 debt is substituted for stock (the debt is given to the shareholders). The tax rate is...
-
a. Assume a one year investment of $10,000 returns $10,900 at time 1. What is the return on $1,000 of equity if $9,000 of .05 debt is used? Assume zero taxes. b. What is the IRR (after tax) on $1,000...
-
In deciding whether to drop its electronics product line, Amazon.com would consider a. the costs it could save by dropping the product line b. the revenues it would lose from dropping the product...
Study smarter with the SolutionInn App