Assume two normal distributions where mu_1 = 0.0001, sigma_1 = 0.01, mu_2 = -.0002, sigma_2 = 0.015, and ρ = .45. Using z_s = { .814, .259 }, generate z_1 and z_2.

tabita57i 2021-02-09 Answered
Assume two normal distributions where μ1=0.0001,σ1=0.01,μ2=.0002,σ2=0.015,andρ=.45. Using zs={.814,.259}, generate z1andz2.
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Expert Answer

Aamina Herring
Answered 2021-02-10 Author has 85 answers
Step 1
Given information-
μ1=0.0001,σ1=0.01,μ2=.0002,σ2=0.015,andρ=.45.
Using zs={0.814,0.259}
So, X = 0.814, Y = 0.259
Step 2
So,
z1=Xμ1σ1
z1=0.8140.00010.01=81.39
z2=Yμ2σ2pz11p2
z2=(0.259(0.0002)0.0150.45×81.39)=21.6628
So, the value of, z1=81.39andz2=21.6628.
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Jeffrey Jordon
Answered 2021-11-11 Author has 2064 answers

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