0 like 0 dislike
0 like 0 dislike
How to find a distribution of a certain size when given a specified mean and stdev?

1 Answer

0 like 0 dislike
0 like 0 dislike
One way would be to first specify all but two numbers such that they have the required mean. Then, specify the remaining two numbers as: mean +x and mean - x. Finally, choose x to make the standard deviation equal to the desired value. The mean will be unchanged, since the two values are symmetric around the desired mean.

Related questions

0 like 0 dislike
0 like 0 dislike
1 answer
MSR_Tlse asked Jun 21, 2022
Are the S3/S4 Edexcel Further Maths units useful to become an actuary? Topics include sampling, unbiased and biased estimators, confidence intervals and significance test...
MSR_Tlse asked Jun 21, 2022
0 like 0 dislike
0 like 0 dislike
25 answers
Teoparedes_93 asked Jun 21, 2022
Spent too much time on this not to share with r/actuary - I hope you get a chuckle out of it!
Teoparedes_93 asked Jun 21, 2022
0 like 0 dislike
0 like 0 dislike
2 answers
driveshift asked Jun 21, 2022
I did this all wrong but got the right answer? Took half of .075, used d=(1+i)/i to get discount rate, and just added. Decimal was off, but i got the numbers right. Luck?...
driveshift asked Jun 21, 2022
0 like 0 dislike
0 like 0 dislike
4 answers
GCFtalk asked Jun 21, 2022
For GHDP, if you had to choose one of the below study material packages.
GCFtalk asked Jun 21, 2022
by GCFtalk
0 like 0 dislike
0 like 0 dislike
11 answers
kuitenbrouwer asked Jun 21, 2022
At Coaching Actuaries, we're updating our videos to bring you even better content. But that also means we need to retire a few of Coach K's classic outfits. Enjoy this (s...
kuitenbrouwer asked Jun 21, 2022

33.4k questions

135k answers

0 comments

33.7k users

OhhAskMe is a math solving hub where high school and university students ask and answer loads of math questions, discuss the latest in math, and share their knowledge. It’s 100% free!