The area under the curve sums to 1, but that doesn't necessarily mean that the peak won't be higher?
It seems this is the case according to this forum: http://talkstats.com/showthread.php?t=12929
How would that be interpreted, though in terms of relative frequency?
Search found 8 matches
- Fri Feb 11, 2011 12:48 pm
- Forum: Data Manipulation
- Topic: Density Greater than 1.
- Replies: 2
- Views: 3601
- Fri Feb 11, 2011 12:42 pm
- Forum: Data Manipulation
- Topic: Density Greater than 1.
- Replies: 2
- Views: 3601
Density Greater than 1.
When I plot theoretical densities separated into different categories sometimes I get densities that reach to greater than 1 on the y-axis. Why is this?
I'm using EVIEWS 6.
I'm using EVIEWS 6.
- Sat Jun 20, 2009 9:58 pm
- Forum: Estimation
- Topic: Bootstrapping and CAPM
- Replies: 1
- Views: 3372
Bootstrapping and CAPM
I'm trying to run CAPM estimations in EVIEWS. I want to create a bootstrapped distribution statistic to hypothesis test the beta coefficients produced. Does EVIEWS have any sort of built-in function for doing something like this?
- Wed Jun 17, 2009 2:38 pm
- Forum: Estimation
- Topic: Fit, Plot, and Manipulate Distributions?
- Replies: 9
- Views: 10395
Re: Fit, Plot, and Manipulate Distributions?
Thank you!!! That's exactly what I needed!
- Tue Jun 16, 2009 2:46 pm
- Forum: Estimation
- Topic: Fit, Plot, and Manipulate Distributions?
- Replies: 9
- Views: 10395
Re: Fit, Plot, and Manipulate Distributions?
I'm sorry, that was very poorly worded and explained. Disregard the previous post, I feel like I have a much better grip on my question now. Again, attached is a graph. What I'm trying to figure out is probably more of a statistics question than EVIEWS question. I've found the area under the curve o...
- Tue Jun 16, 2009 1:20 pm
- Forum: Estimation
- Topic: Fit, Plot, and Manipulate Distributions?
- Replies: 9
- Views: 10395
Re: Fit, Plot, and Manipulate Distributions?
To clarify, check out the attached and plotted density function. I could probably do a heck of a lot of calculus and calculations (give the complexity of the normal dist. function) and get an answer, but is there any easy EVIEWS way to calculate the area below the left tale of the blue line distribu...
- Tue Jun 16, 2009 1:03 pm
- Forum: Estimation
- Topic: Fit, Plot, and Manipulate Distributions?
- Replies: 9
- Views: 10395
Re: Fit, Plot, and Manipulate Distributions?
Ok, I see (and have done a), and I see how one might plot b on top of it (I could probably generate a random series in this case to do the trick), but how would I then find the area between the two curves where they intersect in the left tail?
- Tue Jun 16, 2009 11:37 am
- Forum: Estimation
- Topic: Fit, Plot, and Manipulate Distributions?
- Replies: 9
- Views: 10395
Fit, Plot, and Manipulate Distributions?
Given a set of data, is there a way to have EVIEWS a) Fit a normal distribution (based on some kind of best fit / ML estimation) b) Fit another normal distribution (density) on top of the previous distribution (but with a smaller, user supplied standard deviation) c) Find the area between the two cu...
