Suppose that a random variable X has a continuous distribution for which the p.d.f. f is as

Question:

Suppose that a random variable X has a continuous for which the p.d.f. f is as follows:

Determine the value of d that minimizes
(a) E[(X ˆ’ d)2]
(b) E(|X ˆ’ d|).

Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...