a. Use a computer (or random number table) and generate a random sample of 100 observations drawn

Question:

a. Use a computer (or random number table) and generate a random sample of 100 observations drawn from the discrete probability population P(x) _ 5 – x/10 for x _ 1, 2, 3, 4 List the resulting sample. (Use the computer commands in Exercise
5.36; just change the arguments.)
b. Form a relative frequency of the random data.
c. Form a probability of the expected probability Compare the resulting data with your expectations.
d. Construct a probability histogram of the given and a relative frequency histogram of the observed data using class midpoints of 1, 2, 3, and 4.
e. Compare the observed data with the theoretical Describe your conclusions.
f. Repeat parts a–d several times with n _ 100 . Describe the variability you observe between samples.
Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...