Is the below mentioned valid for a Uniform distribution? U(0,50) = 50U(0/50, 50/50) = 50U(0, 1) Thanks Balvin
Yes - if you take a sample from U(0,1) and multiply each value by 50, you get a sample from U(0,50). U(0,50) and 50U(0,1) have the same properties, ie give the same values for probabilities, means, variances.