P1.T2.201. Random variables (Stock & Watson)

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201.4.
Yara Habash
Flashcards by Yara Habash, updated more than 1 year ago
Yara Habash
Created by Yara Habash almost 7 years ago
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lowest value and highest value as its variance among the distributions Bernoulli has variance = p(1-p) = 4%*96 = 0.0384 Binomial has variance = p(1-p)n = 2%*98%*50 = 0.980 Standard normal has, by definition, mean = 0 and variance = 1.0 Student's t has variance = df/(df-2) = 10/8 = 1.25 Poisson has lambda = variance = mean = 5
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