Let f (X1, X2) denote the p d f of the bivariate normal distribution specified by Eq (5 10 2) Show that the maximum value of f (X1, X2) is attained at the point at which x1 1 and x2 2 ...

The value of fx 1 x 2 will be a maximum when the exponent inside t ...

Let f (X1, X2) denote the p.d.f. of the bivariate normal distribution specified by Eq. (5.10.2). Show

Question:

Let f (X1, X2) denote the p.d.f. of the bivariate normal specified by Eq. (5.10.2). Show that the maximum value of f (X1, X2) is attained at the point at which x1 = μ1 and x2 = μ2.
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...