Question
In: Statistics and Probability
Find the stationary distribution of this chain Suppose that the probability it rains today is 0.3...
Find the stationary distribution of this chain
Suppose that the probability it rains today is 0.3 if neither of the last two days was rainy, but 0.6 if at least one of the last two days was rainy. Let the weather on day n, Wn, be R for rain, or S for sun. Wn is not a Markov chain, but the weather for the last two days Xn = (Wn−1 , Wn ) is a Markov chain with four states {RR, RS, SR, SS}.
Solutions
orchestra answered 1 year agoRelated Solutions
Probability Expected Return 0.3 -10% 0.4 5% 0.3 15% If IBM has the probability distribution shown...
Probability
Expected Return
0.3
-10%
0.4
5%
0.3
15%
If IBM has the probability distribution shown in the table
above, what is IBM’s standard deviation?
Probability Expected Return 0.3 -10% 0.4 5% 0.3 15% If IBM has the probability distribution shown...
Probability
Expected Return
0.3
-10%
0.4
5%
0.3
15%
If IBM has the probability distribution shown in the table
above, what is IBM’s standard deviation?
Instruction: Type your answer in the unit of percentage point,
and round to three decimal places. E.g., if your answer is
0.0106465 or 1.06465%, should type ONLY the number 1.065, neither
0.0106465, 0.0106, nor 1.065%, because I already have percentage
sign at the end of the problem. Otherwise, Blackboard will treat it
as a wrong...
Probability Expected Return 0.3 -10% 0.4 5% 0.3 15% If IBM has the probability distribution shown...
Probability Expected Return
0.3 -10%
0.4 5%
0.3 15%
If IBM has the probability distribution shown in the table
above, what is IBM’s expected return?
Suppose that whether or not it rains today depends on previous weather conditions through the last...
Suppose that whether or not it rains today depends on previous
weather conditions through the last two days. Specifically, suppose
that if it has rained for the past two days, then it will rain
tomorrow with probability 0:7; if it rained today but not
yesterday, then it will rain tomorrow with probability 0:5; if it
rained yesterday but not today, then it will rain tomorrow with
probability 0:4; if it has not rained in the past two days, then it...
Suppose that whether or not it rains today depends on previous weather conditions through the last...
Suppose that whether or not it rains today depends on previous
weather conditions through the last two days.
Specifically, suppose that if it has rained for the past two
days, then it will rain tomorrow with probability 0.7; if it
rained
today but not yesterday, then it will rain tomorrow with
probability 0.5; if it rained yesterday but not today, then it
will
rain tomorrow with probability 0.4; if it has not rained in
the past two days, then it...
Suppose the probability that the probability of rain today in Vernon is 0.4 and the probability...
Suppose the probability that the probability of rain today in
Vernon is 0.4 and the probability of rain today in Kelowna is 0.3.
The probability that it will rain in both cities today is 0.2. A)
What is the probability that it will rain in Kelowna or Vernon
today? B) What is the probability that it will rain Kelowna today
but not in Vernon? C) Suppose that it has started to rain in
Kelowna today. What is the conditional probability...
Use the probability distribution to find probabilities in parts (a) through (c). The probability distribution of...
Use the probability distribution to find probabilities in parts
(a) through (c).
The probability distribution of number of dogs per household in
a small town
Dogs
0
1
2
3
4
5
Households
0.6730.673
0.2010.201
0.0760.076
0.0250.025
0.0170.017
0.0080.008
(a) Find the probability of randomly selecting a household that
has fewer than two dogs.
0.8740.874
(Round to three decimal places as needed.)
(b) Find the probability of randomly selecting a household that
has at least one dog.
0.3270.327
(Round...
a/Use Excel to find the discrete probability and cumulative probability of the Binomial distribution with probability...
a/Use Excel to find the discrete probability and cumulative
probability of the Binomial distribution with probability of
success p = 0.75 and n = 80. Find its mean and variance. b/Based
upon Excel chart, what can you conclude about the binomial
convergence? Hint: Use binom.dist function on Excel and sketch the
curve.
1. Suppose x is a random variable best described by a uniform probability distribution with and Find 2....
1. Suppose x is a random variable best described by a uniform
probability distribution
with and Find
2. Suppose x is a random variable best described by a uniform
probability distribution
with and Find
3. Suppose x is a random variable best described by a uniform
probability distribution
with and Find
4. Suppose x is a random variable best described by a uniform
probability distribution
with and Find
5. Suppose x is a random variable best described by a uniform
probability distribution
with and Find
6. Suppose x is a...
Find the missing value required to create a probability distribution, then find the standard deviation for...
Find the missing value required to create a probability
distribution, then find the standard deviation for the given
probability distribution. Round to the nearest hundredth.
x / P(x)
////////
0 / 0.2
1 /
2 / 0.13
3 / 0.03
4 / 0.05
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