EBK ESSENTIALS OF MIS,
EBK ESSENTIALS OF MIS,
13th Edition
ISBN: 8220106778494
Author: LAUDON
Publisher: PEARSON
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Chapter 5.2, Problem 2CQ1

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Explanation:

  • The salesperson uses the smart watch to monitor the current prices, inventory levels, delivery dates and methods and many others to help the customer.
  • The doubts related to the products can be clarified quickly...

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Write a function to compute a Monte Carlo estimate of the Beta(3, 3) cdf, and use the function to estimate F(x) for x = 0.1,0.2,...,0.9. Compare the estimates with the values returned by the pbeta function in R.
Write a function to compute a Monte Carlo estimate of the Gamma(r = 3, λ = 2) cdf, and use the function to estimate F(x) for x = 0.2, 0.4, . . . , 2.0. Compare the estimates with the values returned by the pgamma function in R.
using r language
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