Collect and Comment on the variability of three recent data
Collect and Comment on the variability of three recent data sets describing similar processes (could be prices of three items over the last month, demographic information related to 3 countries over last year, etc.). Plot the probability mass function (PMF) and the cumulative distribution function (CDf) of 3 landom variables following (1) binomial distribution [p,n], (2) a geometric distribution fpj, and (3) Poisson distribution (A). You have to consider two sets of parameters per distribution which can be chosen arbitrarily. The following steps can be followed: Setpl: Establish two sets of parameters of the distribution: For Geometric and Poisson distributions take two values of p (pi and p2) and take two values of [lambda], (lambda_1 and lambda_2) respectively. For the binomial you should take two values of p and two values of n, first keep p fixed and change n, in the second keep n fixed and change p. Step 2: Generate the random variables (at least 10 values) [column 1] Step 3: Calculate the PMF (column 21 and COF (column 3) Comment on how the parameter values affect the distribution.
Solution
1) we will give the data of sales of different mobile phones in different months in US
iphone S6 Htc
jan 3000 1745 1156
feb 4506 1500 1100
march 4786 1673 1180
april 4989 1656 1056
may 5134 1387 876
june 5487 1248 960
this represent the 3 different phones and its 6 in the 6 monthss of the year
the variablity can be understood by analysing the sales
like iphone sales is increasing by much margin in every month
where as the sales of other two phones is not fixed and we cannot predict the nature of the sales in other two phone
where as in iphone case it clearly depict the likeness among people and we can also predict the in next month also it will increase only.
