If P (X = 1) = p and P (X = 0) = 1 p, show

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If P (X = 1) = p and P (X = 0) = 1 − p, show that E (X) = p and Var (X) = p (1 − p).

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Making Hard Decisions with decision tools

ISBN: 978-0538797573

3rd edition

Authors: Robert Clemen, Terence Reilly

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Question Posted: Dec 22, 2015 02:00 AM

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If P (X = 1) = p and P (X = 0) = 1 p, show

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Making Hard Decisions with decision tools

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