Let X be an exponential(l) random variable, and define Y to be the integer part of X
Question:
Y = i + 1 if and only if i < X < i + 1, i = 0, 1, 2,
(a) Find the distribution of Y. What well-known distribution does Y have?
(b) Find the conditional distribution of X - 4 given Y > 5.
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...
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