The Laplace distribution, also known as the double exponential distribution, has density function proportional to e |x|
Question:
The Laplace distribution, also known as the double exponential distribution, has density function proportional to e−|x| for all real x. Find the mean and variance of the distribution.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 91% (12 reviews)
First solve for the constant of proportio...View the full answer
Answered By
Asim farooq
I have done MS finance and expertise in the field of Accounting, finance, cost accounting, security analysis and portfolio management and management, MS office is at my fingertips, I want my client to take advantage of my practical knowledge. I have been mentoring my client on a freelancer website from last two years, Currently I am working in Telecom company as a financial analyst and before that working as an accountant with Pepsi for one year. I also join a nonprofit organization as a finance assistant to my job duties are making payment to client after tax calculation, I have started my professional career from teaching I was teaching to a master's level student for two years in the evening.
My Expert Service
Financial accounting, Financial management, Cost accounting, Human resource management, Business communication and report writing. Financial accounting : • Journal entries • Financial statements including balance sheet, Profit & Loss account, Cash flow statement • Adjustment entries • Ratio analysis • Accounting concepts • Single entry accounting • Double entry accounting • Bills of exchange • Bank reconciliation statements Cost accounting : • Budgeting • Job order costing • Process costing • Cost of goods sold Financial management : • Capital budgeting • Net Present Value (NPV) • Internal Rate of Return (IRR) • Payback period • Discounted cash flows • Financial analysis • Capital assets pricing model • Simple interest, Compound interest & annuities
4.40+
65+ Reviews
86+ Question Solved
Related Book For
Question Posted:
Students also viewed these Mathematics questions
-
A double exponential distribution, often called a Laplace distribution, has a probability density function for - oo (a) P(X (b) P(X > 1) f(x) =;re
-
In Example 7.2.16 we saw that the normal distribution is its own conjugate family. It is sometimes the case, however, that a conjugate prior does not accurately reflect prior knowledge, and a...
-
Let X1,..., Xn be iid n(,2), 2 known, and let have a double exponential distribution, that is, () = e-|0|//(2a), a known. A Bayesian test of the hypotheses H0: 0 versus H1: > 0 will decide in...
-
Need help with the incorrectanswer. I have tried 6,750, 81,000, and 0, but all areincorrect. Exercise 4-23 (Algorithmic) (LO. 4) Casper and Cecile divorced in 2018. As part of the divorce settlement,...
-
How much more intense is sound at 40 dB than sound at 0 dB?
-
In Figure P33.61, find the rms current delivered by the 45.0-V (rms) power supply when (a) The frequency is very large and (b) The frequency is very small. 200 200F 45.0 V(rms) 100 3.00 mH
-
3.Which activities cannot be started until immediately after this activity is finished?
-
The following are system benefits for Interglobal Paper Company (from Problem 10): Year Benefits 1 ........... $55,000 2 ...........75,000 3 ...........80,000 4 ...........85,000 a. Use the costs of...
-
Tcnicas de valoracin Una habilidad importante para un analista financiero es comprender el impacto de los diferentes tipos de valoracin y cundo es apropiado utilizar estas tcnicas. Cul de las...
-
Briefly explain how the opendoor.com and Zillows offer price routes work when selling your property, contrasting the way they differ from the traditional brokerage route. Briefly discuss the pros and...
-
What has been the general secular trend of the weekly earnings of full-time female workers compared with male workers? What factors help explain this trend?
-
In Beckers taste for discrimination model, what is the meaning of the discrimination coefficient d? If the monetary value of d is, say, $6 for a given white employer, will that employer hire...
-
The accrual basis of accounting creates the need for a statement of cash flows Explain.
-
3. (30 pts total) Suppose that an automobile has the ability to accelerate from rest to a velocity of 100.0 mi/h in a time of 6.00 s. a. (15 pts) Assuming the acceleration is a constant, determine...
-
Factor completely. 2-2t+16
-
Use the following table to answer questions and ll]. The number of hot dogs sold by 12 randomly selected hot dogs vendors in Central Park on July 4 is as follows: 142 97 105 76 90 83 123 115 92 94 73...
-
Can you please describe (in about a paragraph) a situation (preferably but not necessarily in business) that requires a decision necessitating a decision tree with at least two branches, each branch...
-
Data: Sodium Systolic98 14799 14996 175109 14591 135107 14987 121110 170102 163103 141117 14992 13590 12793 132113 18199 152114 164103 14496 148111 180128 18392 13284 135102 141103 147117 16789...
-
On October 1, 2024, Modern Company purchased a patent for $153,600 cash. Although the patent gives legal protection for 20 years, the patent is expected to be used for only eight years. Requirements...
-
a) Calculate the goodwill that was paid by Major Ltd on the acquisition of Minor Ltd. [10 marks] b) Prepare the consolidated statement of financial position for Major Ltd at 31 July 20X8. [30 marks]...
-
1. Draw 100 random samples from a binomial distribution with parameters n = 10 and p = .4. Consider an approximation to this distribution by a normal distribution with mean = np = 4 and variance =...
-
What is the exact probability distribution of the position of the balls at the bottom with respect to the entry position (arbitrarily denoted by 0)? SIMULATION An apparatus displaces a collection of...
-
Can you think of an approximation to the distribution derived in Problem 5.78? SIMULATION An apparatus displaces a collection of balls to the top of a stack by suction. At the top level (Level 1)...
-
Eye Deal Optometry leased vision - testing equipment from Insight Machines on January 1 , 2 0 2 4 . Insight Machines manufactured the equipment at a cost of $ 2 0 0 , 0 0 0 and lists a cash selling...
-
help! ee all photos + Add to o e D C N X Edit & Create Share Table of Contents No sales to an individual customer accounted for more than 10% of revenue during any of the last three fiscal years. Net...
-
Business law A person may have the liability of a partner even though no partnership exists True False
Study smarter with the SolutionInn App