Question: Let be a random variable that takes on values between 0 and c. That is, P{0 X c} = 1. Show that Var(X)

Let be a random variable that takes on values between 0 and c. That is, P{0 ≤ X ≤ c} = 1. Show that

Var(X) ≤ c2/4

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To show that VarX c24 we can use the formula for variance VarX EX EX2 where EX is the expected va... View full answer

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