Let's suppose that I have a random sample x from a Weibull distribution with shape parameter k=1 and scale parameter λ=2.
How am I supposed to compute the mean value of the sample? Also what can I do to compute the variance of the sample?
I would also appreciate any helpful Matlab code able to perform the aforementioned tasks.
Random numbers for Weibul distribution with scale parameter λ and shape parameter k:
Numbers = wblrnd(λ,k);
To compute the mean
mean(Numbers(:));
To compute the variance
var(Numbers(:));