The median of a continuous random variable having distribution function F is that value m such that F(m) = 12. That is, a random variable is just as likely to be larger than its median as it is to be smaller. Find the median of X if X is

(a) uniformly distributed over (a, b);

(b) normal with parameters μ,σ2;

(c) exponential with rate λ.

Short Answer

Expert verified

From the information,

a) m=a+b2

b)m=μ

c)m=ln2λ

Step by step solution

01

Given Information (part a)

Given the value that, F(M)=12

Find the median of X if X is uniformly distributed over (a, b);

02

Explanation (part a)

F(m)=12(given)

P[x<m]=P[x>m](given)

a) Uniform distribution

Fx(x)={0x<axabaaxb1x>b

Fx(m)=maba=1/2

2(ma)=ba

m=a+b2

03

Final Answer (part a)

uniformly distributed over (a, b) ism=a+b2

04

Given Information (part b)

Find the median of X if X is normal with parameters μ,σ2;

05

Explanation (part b)

F(m)=P[xm]=1/2

P[zmμσ2]=0.5

So we have to calculate that value of z for which the probability will be equal to ' 0.5'. From the normal distribution table, we can see that at z=0, the probability

z=mμσ=0

m=μ

06

Final Answer (part b)

normal with parameters μ,σ2; ism=μ

07

Given Information (part c)

Find the median of X if X is exponential with rate λ.

08

Step 8:Explanation (part c)

Here,

fx(x)=λeλxisexponentialdistributionfunction

Fx(x)=0xdedxdx

=[λeλxλ]0x

Fx(x)=[eλx]0x

Fx(x)=1eλx ( cummulative distribution function)

Fx(m)=1eλm=1/2(given)

eλm=1/2

λm=ln2

m=ln2λ

09

Final Answer (part c)

If x is exponential with rate λ. is m=ln2λ

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