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Geometric rvs - PowerPoint PPT Presentation

Section 6.3

Your mail-order company advertises that it ships 90% of its orders within three working days. You select an SRS of 100 of the 5000 orders received in the past week for an audit. The audit reveals that 86 of these orders were shipped on time.

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7 sum of RVs

7 sum of RVs. 7-1: variance of Z. Find the variance of Z = X+Y by using Var (X), Var (Y), and Cov (X,Y). 7-2: iid RVs. Find the mean and variance of the sum of n independent, identically distributed ( iid ) random variables , each with mean ? and variance ? 2.

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Geometric rvs - PowerPoint PPT Presentation

Section 6.3

7 sum of RVs