Continuous Random Variables
I. Definition. A random variable X is said to be continuous if its set of possible values is an entire interval of numbers. A probability model for X is given by assigning to a set of outcomes A the probability P(A) equal to the area above A and under a curve.
II.
Definition. A probability
distribution function or probability
density function (pdf) of a continuous random variable X is a function
f(x) such that for any two numbers a and b with a £b:
III. Exercise. Suppose that a person is supposed to take a bus that arrives every 10 minutes. The person arrives at a bus stop in a random fashion. Let X = waiting tine for the bus. Find the pdf of X. Find P(1£X£3).
IV.
Definition. A continuous random variable X is said to
have a uniform distribution
on the interval [A,B] if the pdf of X is
V. Exercise. (#7) The time X (min) for a lab assistant to prepare the equipment for a certain experiment is believed to have a uniform distribution with A=25 and B=35.
A. Write the pdf and sketch its graph
B. What is the probability that preparation time exceeds 33 minutes?
C. What is the probability that preparation time is within 2 minutes of the mean time?(Hint: identify the mean from the graph of f(x)).
D. For any a such that 25<a<a+2<35, what is the probability that preparation time is between a and a+2 minutes?
VI. Exercise (#10) A family of pdf's that has been used to approximate the distribution of income, city population size, and size of firms is the Pareto family. The family has two parameters, k and q, both >0, and the pdf is

A. Sketch the graph of f(x;k,q).
B. Verify that the total area under the graph equals 1.
C. If the random variable X has the pdf f(x;k,q), for any fixed b>q obtain an expression for P(X£b).
D. For q<a<b, obtain an expression for the probability P(a£X£b).
VII.
Cumulative distribution function
Definition. The cumulative distribution function F(x) for a continuous random variable X is defined for every number x by
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VIII.
Example. Find the cumulative distribution function for
a uniform distribution on [A,B].Draw a graph of cdf.
IX.
The expected
or mean value of a continuous
random variable X with pdf f(x) is : ![]()
X. If X is a continuous random variable with pdf f(x) and h(x) is any function of X, then
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XI.
The variance
of a continuous random variable X with pdf f(x) and mean value m is
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XII.
Exercise. Let
X have a uniform distribution on the interval [A,B]. Compute E(X),V(X), and sx.