How to come up with a probability distribution knowing the mean value?
Let’s learn how to come up with a probability distribution knowing the mean value. The most accurate or helpful solution is served by Mathematics.
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I would like to know about some algorithms or techniques to find a discrete probability distribution knowing the mean value. Let's say given the mean=2.5. The probability distribution can be $x_1=2, P(x_1)=0.5$ and $x_2=3, P(x_2)=0.5$ $x_1, x_2,..., x_i$ should have discrete values in the solution.
Answer:
You may be interested in the idea of a sufficient statistic. What the commenters above are pointing...
KJohn at Mathematics Mark as irrelevant Undo
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I don't normally come here for homework help, but I'm stuck! Trying to find the expected value of this probability distribution: bonus points | -20 | 0 | 1 | 5 | 10 probability | .25|.15|.35|.15|.1 can someone give me a push in the right direction? i...
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Dear candykitty114, For convenience, let B have the probability distribution of your table. Then the...
candykit... at Yahoo! Answers Mark as irrelevant Undo
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Therefore, the probability that samples of 16 individuals will have a mean weight between 245 and 2...
Anonymous at ChaCha Mark as irrelevant Undo
wiki.answers.com Mark as irrelevant Undo
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Convert to Std Normal Distribution and calculate (or use java script) area under curve for probability...
community wiki at wiki.answers.com Mark as irrelevant Undo
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Sorry, but I wasn't able to find an answer to that probability distribution equation question. However...
ChaCha Mark as irrelevant Undo
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No. The mean is the expected value of the random variable but you can also have expected values of functions...
community wiki at wiki.answers.com Mark as irrelevant Undo
Anonymous at ChaCha Mark as irrelevant Undo
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Sorry, but I wasn't able to find an answer to that probability distribution equation question. However...
ChaCha Mark as irrelevant Undo
Answer:
If we try the get the median of $100 and $75 It comes out that the salary will be at $87.5. each
Jordan Trent at ChaCha Mark as irrelevant Undo
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