Let E{X} = 0 and Var{X} = 1. Does it mean that X cannot assume big values?

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Let E{X} = 0 and Var{X} = 1. Does it mean that X cannot assume “big” values? Consider

Compute E{X} and Var{X}, and comment on the situation. Compute the third moment m₃and the third absolute moment m₃. Consider their behavior for large n.

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Probability And Stochastic Modeling

ISBN: 9781439872062

1st Edition

Authors: Vladimir I. Rotar

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Question Posted: Jan 05, 2024 01:00 PM

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Let E{X} = 0 and Var{X} = 1. Does it mean that X cannot assume big values?

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Clearly EX 0 and VarX 1 However ...View the full answer

Probability And Stochastic Modeling

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