Decide in each case whether the hypothesis is simple or composite (a) The hypothesis that a random variable has a gamma distribution with 3 and 2 (b) The hypothesis that a random variable has a gamma distribution with 3 and 2 (c) The hypothesis that a random variable has an exponential density (d) ...

Decide in each case whether the hypothesis is simple or composite: (a) The hypothesis that a random

Question:

Decide in each case whether the hypothesis is simple or composite:
(a) The hypothesis that a random variable has a gamma with α = 3 and β = 2;
(b) The hypothesis that a random variable has a gamma with α = 3 and β ≠ 2;
(c) The hypothesis that a random variable has an exponential density;
(d) The hypothesis that a random variable has a beta with the mean µ = 0.50.
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...