Suppose the PMF of the random variable X is px(x) = 0,1,2,...}(x) where >>0. x! Obtain the MGF of X and derive the mean and variance from the MGF.
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- Suppose Y is a random variable with E(Y) = 13 and Var(Y) = 6. Solve for the following: (show complete solution) a. E(3Y+ 10) = ? b. E(Y^2) = ? c. Var (10) = ? d. Var (5) = ?Suppose that f(x)=2/(3^x), x=1,2,3,... is the probability function for a random variable X. Find P(X>3). Use 4 decimal places.Researches are interested in whether or not the average fuel economy for compact cars is thesame as sedan cars. A sample of 36 compact cars and 25 sedan cars is taken.The sample of compacts returns a mean of ̄X = 38 miles per gallon and sample variance of s^2 = 25.The sample of sedans returns a sample mean ̄Y = 36 with a sample variance of s^2 = 49.Let μ 1 be the population mean of compacts and μ 2 for sedans. a. Create a 95% confidence interval for μ 1 .b. Now create a 95% confidence interval for μ 1 μ 2 .c. Say the interval from part b. contains 0. What can you say about the difference in the averagefuel economy of compact cars versus economy cars
- Explain at least two differences between the following two point estimations of the population variance. 22 = Σ'1(X, – X)2 n-1 62 _ Σ 1 (X - X)2 =1 = nX is a random variable such that X ~ B(n, p) where mean is 2 and 3 variance is . Find the probability of X is not less than 7. 2A researcher that wanted to estimate the expectation AY of a random variable Y got three independent observations, Y, Y, Y The researcher knows the value o, of the variance of Y and is considering the following estimators: Pi = 4) Yi + (+) ¥ Py = () Yn + (;) ¥½ + () Y½ in (}) Yi + (}) ¥z + (() %D Which of the following is correct? ONone of the above Ois an unbiased estimator of l and it has the smallest variance of the three estimators. Ois an unbiased estimator of µ and it has the smallest variance of the three estimators. O and i, are both unbiased estimators of fl and Var (ſîz) < Var (îì3). is an unbiased estimator of µ and it has the smallest variance of the three estimators.
- Let X1, X2, X3, ..., X, be a random sample from a distribution with known variance Var(X,) = o², and unknown mean EX, = 0. Find a (1 – a) confidence interval for 0. Assume that n is large.Show that the characteristic function of a Gaussian random variable with zero mean and variance o² is (= x (@) = exp -0² w² 27