Slides15-2010 - Meyers Location Scale Charles B. Moss...

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Unformatted text preview: Meyers Location Scale Charles B. Moss Outline Definition of Location- Scale Class I Expected Utility Properties of Expected Utility Meyers Location Scale: Lecture XV Charles B. Moss September 27, 2010 Charles B. Moss Meyers Location Scale Meyers Location Scale Charles B. Moss Outline Definition of Location- Scale Class I Expected Utility Properties of Expected Utility 1 Definition of Location-Scale Class I Expected Utility 2 Properties of Expected Utility Charles B. Moss Meyers Location Scale Meyers Location Scale Charles B. Moss Outline Definition of Location- Scale Class I Expected Utility Properties of Expected Utility Definition of Location-Scale Definition : Two cummulative distributions functions G 1 ( . ) and G 2 ( . ) are said to differ only by location and scale parameters and if G 1 ( x ) = G 2 ( + x ) with > 0. Several two-parameter families satisfy this property such as the normal and the uniform distributions....
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Slides15-2010 - Meyers Location Scale Charles B. Moss...

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