Question: Determine the mean and variance of a beta random variable. Use the result that the probability density function integrates to 1. That is, ()() T(a+)

Determine the mean and variance of a beta random variable. Use the result that the probability density function integrates to 1. That is,

Γ (α)Γ(β) T(a+ß) = [,x(1 – x)8-1 for a > 0, ß > 0. for a> 0, B>0.


()() T(a+) = [,x(1 x)8-1 for a > 0, > 0. for a> 0, B>0.

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