Question

In: Statistics and Probability

Thank you in advance, i'm not so good with this subject so could you include the...

Thank you in advance, i'm not so good with this subject so could you include the steps you did please

1. The gross weekly sales at a certain super market are a Gaussian random with mean $2200 and standard deviation $230. Assume that the sales from week to week are independent. (a) Find the probability that the gross sales over the next two weeks exceed $5000. (b) Find the probability that the gross weekly sales exceed $2000 in at least 2 of the next 3 weeks.

2. Let ?1,?2,?3 and ?4 be pairwise uncorrelated random variables each with zero mean and unit variance. Compute that correlation coefficient between

(a) ?1 + ?2 and ?2 + ?3. (b) ?1 + ?2 and ?3 + 4.

3. Let the random variables ? be the sum of independent Poisson distributed random variables, i.e., ? = ∑ ? (top) ?=1(bottom) ?? , where ?? is Poisson distributed with mean ?? .

(a) Find the moment generating function of ?? . (b) Derive the moment generating function of ?. (c) Hence, find the probability mass function of ?.

4. Let ? and ? be independent and identically distributed random variables with mean ? and variance ?^2. Find the following:

(a) ?[(? + 7) ^2 ]

(b) Var(8? + 9)

(c) ?[(? − ?) ^2 ]

(d) Cov{(? + ?), (? − ?)}

5. The moment generating function of the random variable X is given by ??(?) = exp{7(?^(?)) − 7} and that of ? by ?? (?) = ( (8/9) (?^(?)) + (6/9))^10 . Assuming that ? and ? are independent, find

(a) ?{? + ? = 7}.

(b) ?{?? = 0}.

(c) ?(??).

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