The diversity index of the United States in 2015 , of Shannon’s diversity index is given by the formula H = − ( p 1 log p 1 + p 2 log p 2 + ⋅ ⋅ ⋅ + p n log p n ) , where p 1 is the proportion of the population, that is species 1 , p 2 is the proportion of the population, that is species 2 , and so on. The population is the people in the United States and the species is race. According to the U.S. Census Bureau, the distribution of the race in the United States in 2015 was as follows: Race Proportion White 0.617 Black or African American 0.124 American Indian and Alaska Native 0.007 Asian 0.053 Native Hawaiian and Other Pacific Islander 0.002 Hispanic 0.177 Two or More Races 0.020
The diversity index of the United States in 2015 , of Shannon’s diversity index is given by the formula H = − ( p 1 log p 1 + p 2 log p 2 + ⋅ ⋅ ⋅ + p n log p n ) , where p 1 is the proportion of the population, that is species 1 , p 2 is the proportion of the population, that is species 2 , and so on. The population is the people in the United States and the species is race. According to the U.S. Census Bureau, the distribution of the race in the United States in 2015 was as follows: Race Proportion White 0.617 Black or African American 0.124 American Indian and Alaska Native 0.007 Asian 0.053 Native Hawaiian and Other Pacific Islander 0.002 Hispanic 0.177 Two or More Races 0.020
Solution Summary: The author calculates the diversity index of the United States in 0.49699.
To calculate: The diversity index of the United States in 2015, of Shannon’s diversity index is given by the formula H=−(p1logp1+p2logp2+⋅⋅⋅+pnlogpn), where p1 is the proportion of the population, that is species 1, p2 is the proportion of the population, that is species 2, and so on. The population is the people in the United States and the species is race. According to the U.S. Census Bureau, the distribution of the race in the United States in 2015 was as follows:
RaceProportionWhite0.617Black or African American0.124American Indian and Alaska Native0.007Asian0.053Native Hawaiian and Other Pacific Islander 0.002Hispanic0.177Two or More Races0.020
(b)
To determine
To calculate: The largest value of the diversity index Hmax, where Hmax=log(S) and S is the number of categories of race.
(c)
To determine
To calculate: The evenness ratio EH for the United States, where EH=HHmax,0≤EH≤1, if EH=1 there is complete evenness.
(d)
To determine
The distribution of the race for the United States in 2010 from the Census Bureau and find the Shannon’s diversity index also decide the United States becoming more diverse.
The OU process studied in the previous problem is a common model for interest rates.
Another common model is the CIR model, which solves the SDE:
dX₁ = (a = X₁) dt + σ √X+dWt,
-
under the condition Xoxo. We cannot solve this SDE explicitly.
=
(a) Use the Brownian trajectory simulated in part (a) of Problem 1, and the Euler
scheme to simulate a trajectory of the CIR process. On a graph, represent both the
trajectory of the OU process and the trajectory of the CIR process for the same
Brownian path.
(b) Repeat the simulation of the CIR process above M times (M large), for a large
value of T, and use the result to estimate the long-term expectation and variance
of the CIR process. How do they compare to the ones of the OU process?
Numerical application: T = 10, N = 500, a = 0.04, x0 = 0.05, σ = 0.01, M = 1000.
1
(c) If you use larger values than above for the parameters, such as the ones in Problem
1, you may encounter errors when implementing the Euler scheme for CIR. Explain
why.
#8 (a) Find the equation of the tangent line to y = √x+3 at x=6
(b) Find the differential dy at y = √x +3 and evaluate it for x=6 and dx = 0.3
Q.2 Q.4 Determine ffx dA where R is upper half of the circle shown below.
x²+y2=1
(1,0)
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