Let Xn be independent exponentially distributed random variables with means un = µ + 1/n with μ > 0. Then show the weak low of large numbers applies, such that (X1 + ··· + Xn)/n ->pμ
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- Find the average rates of change of f(x)=x2+2x (a) from x1=3 to x2=2 and (b) from x1=2 to x2=0.Respiratory Rate Researchers have found that the 95 th percentile the value at which 95% of the data are at or below for respiratory rates in breath per minute during the first 3 years of infancy are given by y=101.82411-0.0125995x+0.00013401x2 for awake infants and y=101.72858-0.0139928x+0.00017646x2 for sleeping infants, where x is the age in months. Source: Pediatrics. a. What is the domain for each function? b. For each respiratory rate, is the rate decreasing or increasing over the first 3 years of life? Hint: Is the graph of the quadratic in the exponent opening upward or downward? Where is the vertex? c. Verify your answer to part b using a graphing calculator. d. For a 1- year-old infant in the 95 th percentile, how much higher is the walking respiratory rate then the sleeping respiratory rate? e. f.Let X1 and X2 be IID exponential with parameter > 0. Determine the distribution ofY = X1=(X1 + X2).
- Assume that the entire sample has 2 positive observations and 6 negatives observations. Variable X1: at the left branch has 2 positive observations and 4 negatives observations;at the right branch has 6 positive observations and 6 negatives observations. What is the information gain or reduction in uncertainty of X1 using the Gini index? (round to two decimal spaces)Show that variance o? = (x²) – ((x))²Assume δ = 0.05, ̄Ax = 0.06, 2 ̄Ax = 0.0040. A group of 100 lives age x purchasefully continuous whole life policies of face value $1,000 for continuous premiums of $3.50per year. Let L be the aggregate loss function (L =100∑i=1Li, where Li represents the netfuture loss of individual i). Calculate the mean and variance of the aggregate loss L.
- Assume that the entire sample has 8 positive observations and 4 negatives observations. Variable X1: at the left branch has 9 positive observations and 3 negatives observations;at the right branch has 8 positive observations and 8 negative observations. What is the information gain or reduction in uncertainty of X1 using the Gini index? (round to two decimal spaces)Suppose that the random change in value of a financial asset is X over the first day and Y over the second. Suppose also that Var(X) =18 and Var(Y) = 26 In this case, the total change in the value over these two days is given by X +Y. Do you have enough information to compute Var(X +Y)? If so, compute this value. If not, explain what additional information you need to do so.The time (in hours) required to repair a machine is exponentially distributed 1 with parameter 2 = = what is the probability that the repair time exceeds 3 3
- At the end of summer, the total weight of seeds accumulated by a nest of seed-gathering ants will vary from nest to nest. If the total weight of seeds accumulated by a nest is exponentially distributed with parameter λ = 1/5, (a) What is the probability that the total combined weight of the seeds gathered by 100 nests will be larger than 4 95 pounds by the end of next summer? (b) What is the probability that the average weight of the seeds gathered by the 100 nests is larger than 5.3 ? (c) What assumptions are you making to answer parts (a) and (b)? Do you think those assumptions make sense in the context of this problem? Explain. (d) Tell us about the possibility that the total combined weight of the seeds gathered by 2 nests follows a normal distribution. Justify your answer in the specific context of this problem (ants, nests, seed-gathering). That is, do not just make generic statements that you think apply to every context in the world.Suppose that X1 and X2 are independent and exponentially distributed random vari- 1 ables, both with mean . Let Y1 = X1 + X2 and Y2 X1 Find the joint pdf of X2 Y1 and Y2 (including its domain).
