Using the density function of the stopping time probability for a fixed (lambda), find the average time

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Using the density function of the stopping time probability for a fixed $\lambda$, find the average time to the first event over the entire interval $[0, \infty)$.

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Investment Science

ISBN: 9780199740086

2nd Edition

Authors: David G. Luenberger

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Question Posted: Apr 20, 2024 12:12 PM

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Using the density function of the stopping time probability for a fixed (lambda), find the average time

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Investment Science

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