stochatic models please show all work so i be able to solve similar problems....

90.2K

Verified Solution

Question

Accounting

stochatic models
please show all work so i be able to solve similar problems. image
image
Question # VII Two electric service utilities (ESUS), X and Y have charged their service areas country- wide at competitive tariff-rates (expressed in $) that change randomly over ten years, 2009-2018 (indexed as r=1 through 10 for X and Y) as summarized below in the table. Relevant tariff-rates (TX) and (T) shown depict RVs having corresponding frequencies of occurrence, (n.), and (n), respectively. Hence, determine the following: (1) Statistical divergence between the sample-spaces of the RVs in X and Y expressed in terms of Kullback-Leibler (KL) measures, KL1 and KL2. (2) Plot year-by-year profiles of KLI versus) and (T, KL2 versus r) and comment on the differences observed (3) Infer the stretch of time (in years) in which both X and Y perform almost closely in terms of their tariffs (4) Find Pearson-1 and 2 skewness coefficients between sample-spaces of RVs of X and Y (5) Suppose successive annual tariffs grow (or decline) in X and Y depending on previous year rate, decide the appropriate average performance in each case of X and Y in terms of AM or HM or GM. (Why?) (6) Indices for the tariff-rates for the years 2009-2018 Details: ESUX r-1-2 2009 2010 72 56 -3 2011 69 -4 2012 83 rs 2013 Tariff-rate: TX (RV) ins Frequency of occurrences, in 172 160 162 122 r=6 r7 r8 2014 2015 2016 7784 33 r=9 2017 35 r=10 2018 Tariff-rate: TX (RV) in s 95 133 170 Frequency Jof occurrences, in Indices for the tanf-rates for the years 2009-2018 Details: ESU Y -I r -2 2009 2010 72 5370 r=3 2011 2 0 =4 = 5 2012 2013 Tariff-rate: T (RV) in S Frequency Jof occurrences, 172 158 165 182 r6 r7 r8 r9 r10 2014 2015 2016 2017 Tariff-rate: T (RV) 21 22 34 38 ins Frequency 185 145 155 172 of occurrences, (n. FSU Y (Answer hints: Mode of T, -21: Median of T-705) Question # VII Two electric service utilities (ESUS), X and Y have charged their service areas country- wide at competitive tariff-rates (expressed in $) that change randomly over ten years, 2009-2018 (indexed as r=1 through 10 for X and Y) as summarized below in the table. Relevant tariff-rates (TX) and (T) shown depict RVs having corresponding frequencies of occurrence, (n.), and (n), respectively. Hence, determine the following: (1) Statistical divergence between the sample-spaces of the RVs in X and Y expressed in terms of Kullback-Leibler (KL) measures, KL1 and KL2. (2) Plot year-by-year profiles of KLI versus) and (T, KL2 versus r) and comment on the differences observed (3) Infer the stretch of time (in years) in which both X and Y perform almost closely in terms of their tariffs (4) Find Pearson-1 and 2 skewness coefficients between sample-spaces of RVs of X and Y (5) Suppose successive annual tariffs grow (or decline) in X and Y depending on previous year rate, decide the appropriate average performance in each case of X and Y in terms of AM or HM or GM. (Why?) (6) Indices for the tariff-rates for the years 2009-2018 Details: ESUX r-1-2 2009 2010 72 56 -3 2011 69 -4 2012 83 rs 2013 Tariff-rate: TX (RV) ins Frequency of occurrences, in 172 160 162 122 r=6 r7 r8 2014 2015 2016 7784 33 r=9 2017 35 r=10 2018 Tariff-rate: TX (RV) in s 95 133 170 Frequency Jof occurrences, in Indices for the tanf-rates for the years 2009-2018 Details: ESU Y -I r -2 2009 2010 72 5370 r=3 2011 2 0 =4 = 5 2012 2013 Tariff-rate: T (RV) in S Frequency Jof occurrences, 172 158 165 182 r6 r7 r8 r9 r10 2014 2015 2016 2017 Tariff-rate: T (RV) 21 22 34 38 ins Frequency 185 145 155 172 of occurrences, (n. FSU Y (Answer hints: Mode of T, -21: Median of T-705)

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students