Texas A & M University Speculating the Distribution Statistics Discussion
Project:
Random variables are all around us, from the time we require to commute to school, to
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the percentage of lecture material we remember for the exam, we can describe much of
the world around us using probability.
Project Statement:
Find a random variable in your day-to-day life, call it x(w), and do the following:
a.Describe X as either quantitative, qualitative, discrete, continuous, etc.
b.Give the support of X (i.e. its possible range of values)
c.Speculate on its distribution. Is it normal, geometric, exponential, etc. Give specific
reasons and justification for this speculation!
d. Sample this random variable at least 5 times.
e. Use this sample to estimate its parameters.
f.Give the newly parameterized distribution explicitly.
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