For the given function f(x) = cos(x), let x0 = 0, x1 = 0.25, and
x2...
For the given function f(x) = cos(x), let x0 = 0, x1 = 0.25, and
x2 = 0.5. Construct interpolation polynomials of degree at most one
and at most two to approximate f(0.15)
Let f(x) = sin(πx).
• x0 = 1,x1 = 1.25, and x2 = 1.6 are given. Construct Newton’s
DividedDifference polynomial of degree at most two.
• x0 = 1,x1 = 1.25,x2 = 1.6 and x3 = 2 are given. Construct
Newton’s Divided-Difference polynomial of degree at most three.
The function F(x) = x2 - cos(π x) is defined on the
interval 0 ≤ x ≤ 1 radians. Explain how the Intermediate Value
Theorem shows that F(x) = 0 has a solution on the interval 0 < x
< .
Let the utility function be given by
u(x1, x2) = √x1 + x2.
Let m be the income of the consumer, P1 and P2 the prices of good 1
and good 2, respectively.
To simplify, normalize the price of good 1, that is P1 = £1.
(a) Write down the budget constraint and illustrate the set of
feasible bundles using a figure.
(b) Suppose that m = £100 and that P2 = £10. Find the optimal
bundle for the consumer....
Let X1 and X2 be a random sample from a population having
probability mass function f(x=0) = 1/3 and f(x=1) = 2/3; the
support is x=0,1.
a) Find the probability mass function of the sample mean. Note that
this is also called the sampling distribution of the mean.
b) Find the probability mass function of the sample median. Note
that this is also called the sampling distribution of the
median.
c) Find the probability mass function of the sample geometric...
Let X1 and X2 have the joint pdf
f(x1,x2) = 2 0<x1<x2<1; 0. elsewhere
(a) Find the conditional densities (pdf) of X1|X2 = x2 and X2|X1
= x1.
(b) Find the conditional expectation and variance of X1|X2 = x2 and
X2|X1 = x1.
(c) Compare the probabilities P(0 < X1 < 1/2|X2 = 3/4) and
P(0 < X1 < 1/2).
(d) Suppose that Y = E(X2|X1). Verify that E(Y ) = E(X2), and that
var(Y ) ≤ var(X2).
1. Let X1, X2 be i.i.d with this distribution: f(x) = 3e cx, x ≥
0 a. Find the value of c
b. Recognize this as a famous distribution that we’ve learned in
class. Using your knowledge of this distribution, find the t such
that P(X1 > t) = 0.98.
c. Let M = max(X1, X2). Find P(M < 10)
3. Given is the function f : Df → R with F(x1, x2, x3) = x 2 1 +
2x 2 2 + x 3 3 + x1 x3 − x2 + x2 √ x3 . (a) Determine the gradient
of function F at the point x 0 = (x 0 1 , x0 2 , x0 3 ) = (8, 2,
4). (b) Determine the directional derivative of function F at the
point x 0 in the direction given...
Let
x0< x1< x2. Show that there is a unique polynomial P(x) of
degree at most 3 such that
P(xj) =f(xj) j= 0,1,2, and P′(x1) =f′(x1) Give an explicit
formula for P(x).
maybe this is a Hint using the Hermit Polynomial:
P(x) = a0 +a1(x-x0)+a2(x-x0)^2+a3(x-x0)^2(x-x1)
The production function of a competitive firm is given by f(x1,
x2) = x1^1/3 (x2 − 1)^1/3 The prices of inputs are w1 = w2 = 1. (a)
Compute the firm’s cost function c(y). (b) Compute the marginal and
the average cost functions of the firm. (c) Compute the firm’s
supply S(p). What is the smallest price at which the firm will
produce? 2 (d) Suppose that in the short run, factor 2 is fixed at
¯x2 = 28. Compute...
Let X = ( X1, X2, X3, ,,,, Xn ) is iid,
f(x, a, b) = 1/ab * (x/a)^{(1-b)/b} 0 <= x <= a ,,,,, b
< 1
then, find a two dimensional sufficient statistic for (a, b)