Question

Q70 What is a probability density function and how is it relevant to the determination of...

Q70 What is a probability density function and how is it relevant to the determination of probabilities associated with a continuous random variable? [3 Marks]

DO NOT WRITE THE ANSWER - USE WORD FORMAT.

NO PLAGIARISM ACCEPTED IN THE ANSWER

Homework Answers

Answer #1

In probability theory, a probability density function(PDF), or density of a continuous random variable, is a function whose value at any given sample (or point) in the sample space (the set of possible values taken by the random variable) can be interpreted as providing a relative likelihood that the value of the random variable would equal that sample.

The probability density function is used to calculate the probabilities associated with a continuos random variable as it is the area under the curve on the given interval.

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Q51 What is the difference between a probability sample and a non-probability sample? Which type is...
Q51 What is the difference between a probability sample and a non-probability sample? Which type is necessary if we wish to statistically generalize from the sample to the population? [4 Marks] DO NOT WRITE THE ANSWER - USE WORD FORMAT. NO PLAGIARISM ACCEPTED IN THE ANSWER.
Q49 What is the relationship between the poisson distribution and the exponential distribution? [3 Marks] DO...
Q49 What is the relationship between the poisson distribution and the exponential distribution? [3 Marks] DO NOT WRITE THE ANSWER - USE WORD FORMAT. NO PLAGIARISM ACCEPTED IN THE ANSWER.
Q49 What is the relationship between the poisson distribution and the exponential distribution? [3 Marks] DO...
Q49 What is the relationship between the poisson distribution and the exponential distribution? [3 Marks] DO NOT WRITE THE ANSWER - USE WORD FORMAT. NO PLAGIARISM ACCEPTED IN THE ANSWER.
Q76 Besides accounting and financial information, what are some of the other sources of internal secondary...
Q76 Besides accounting and financial information, what are some of the other sources of internal secondary data? [4 Marks] DO NOT WRITE THE ANSWER - USE WORD FORMAT. NO PLAGIARISM ACCEPTED IN THE ANSWER
Q77 Name any two (2) methods of collecting primary data. [2 Marks] DO NOT WRITE THE...
Q77 Name any two (2) methods of collecting primary data. [2 Marks] DO NOT WRITE THE ANSWER - USE WORD FORMAT. NO PLAGIARISM ACCEPTED IN THE ANSWER.
Q69 Explain why a sample is generally more practical than a census. [2 Marks] DO NOT...
Q69 Explain why a sample is generally more practical than a census. [2 Marks] DO NOT WRITE THE ANSWER - USE WORD FORMAT. NO PLAGIARISM ACCEPTED IN THE ANSWER
A continuous random variable X has the following probability density function F(x) = cx^3, 0<x<2 and...
A continuous random variable X has the following probability density function F(x) = cx^3, 0<x<2 and 0 otherwise (a) Find the value c such that f(x) is indeed a density function. (b) Write out the cumulative distribution function of X. (c) P(1 < X < 3) =? (d) Write out the mean and variance of X. (e) Let Y be another continuous random variable such that  when 0 < X < 2, and 0 otherwise. Calculate the mean of Y.
Q17 What is meant when a sample statistic is said to be an unbiased estimator? [2...
Q17 What is meant when a sample statistic is said to be an unbiased estimator? [2 Marks] DO NOT WRITE THE ANSWER - USE WORD FORMAT. NO PLAGIARISM PLEASE
Q62 To collect information on how well it is serving its customers, a restaurant places questionnaire...
Q62 To collect information on how well it is serving its customers, a restaurant places questionnaire cards on the tables, with card deposit boxes located near the exit. [4 Marks] (a) Do you think that nonresponse error might influence the results of this effort? In what way(s)? (b) In addition to be a source of information to management, are the cards providing any other benefits? In what way(s)? DO NOT WRITE THE ANSWER - USE WORD FORMAT. NO PLAGIARISM ACCEPTED...
Suppose that X1 and X2 are independent continuous random variables with the same probability density function...
Suppose that X1 and X2 are independent continuous random variables with the same probability density function as: f(x) = ( x 2 0 < x < 2, 0 otherwise. Let a new random variable be Y = min(X1, X2,). a) Use distribution function method to find the probability density function of Y, fY (y). b) Compute P(Y > 1).