In: Statistics and Probability
1. Choose the statement below that is not true:
A: The Empirical rule applies to all normal distributions.
B: Both the Poisson and the exponential distributions are characterized by only their mean.
C: All of the statements are true.
D: Poisson distributions tend to be less useful the higher the mean is.
E: The exponential distribution tends to be a good fit for counting the discrete number of events per time interval.
2.Combining the standard deviations of two negatively correlated normally distributed random variables results in a lower combined standard deviation than if the same two standard deviations were uncorrelated. (Hint: come up with an example and test against it)
True
False
1.
the statement below that is not true: :
E: The exponential distribution tends to be a good fit for counting the discrete number of events per time interval.
Explanation:
A: The Empirical rule applies to all normal distributions.
True
B: Both the Poisson and the exponential distributions are characterized by only their mean.
True
D: Poisson distributions tend to be less useful the higher the mean is.
True
because if the mean is large, Poisson Distribution approximates a normal distribution.
E: The exponential distribution tends to be a good fit for counting the discrete number of events per time interval.
False
because Poisson Distribution deals with the number of occurrences in a fixed period of time. Exponential distribution deals with the time between occurrences of successive events as time flows continuously.
2.
Correct option:
True
Explanation:
By Theorem:
Var (X + Y) = Var (X) + Var (Y) + 2 Cov (X,Y)
So,for example:
Consider two uncorrelated variables X and Y. So,by the above Theorem, we have
Var (X + Y) = Var (X) + Var (Y)
Now consider two negatively correlated variables X and Y.
By the property of Covariance, we have: Cov (X,Y) will be negative.
Thus,
Substituting in the above Theorem, we prove the required result:
Combining the standard deviations of two negatively correlated normally distributed random variables results in a lower combined standard deviation than if the same two standard deviations were uncorrelated.