Generating Random Variables with beta Distribution
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I need to generate n random varibales with Beta Distribution with specified mean, variance, meninmum and maximum limit. I would be thankful if you can help me.
Answers (1)
Walter Roberson
on 26 Mar 2019
0 votes
Especially betarnd()
3 Comments
Mehrnaz Alibeikloo
on 27 Mar 2019
You write you want to generate random numbers with specified mean and variance.
Mean and variance are functions of alpha and beta:
So solve these relations E[X]=f(alpha,beta), Var[X]=g(alpha,beta) for alpha and beta.
Walter Roberson
on 27 Mar 2019
The difficulty with the above is that Wikipedia only deals with the case of x ~ [0, 1] or x ~ (0,1) rather than a more generalized range.
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