Let X Exponential(). Show that a. EXn b. EX = EX-1, for n = 1,2,3,...; for
Question:
Let X ∼ Exponential(λ). Show that
Transcribed Image Text:
a. EXn b. EX" = EX-1, for n = 1,2,3,...; for n = 1,2,3,.... n! In
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (QA)
Answered By
Ali Khawaja
my expertise are as follows: financial accounting : - journal entries - financial statements including balance sheet, profit & loss account, cash flow statement & statement of changes in equity -consolidated statement of financial position. -ratio analysis -depreciation methods -accounting concepts -understanding and application of all international financial reporting standards (ifrs) -international accounting standards (ias) -etc business analysis : -business strategy -strategic choices -business processes -e-business -e-marketing -project management -finance -hrm financial management : -project appraisal -capital budgeting -net present value (npv) -internal rate of return (irr) -net present value(npv) -payback period -strategic position -strategic choices -information technology -project management -finance -human resource management auditing: -internal audit -external audit -substantive procedures -analytic procedures -designing and assessment of internal controls -developing the flow charts & data flow diagrams -audit reports -engagement letter -materiality economics: -micro -macro -game theory -econometric -mathematical application in economics -empirical macroeconomics -international trade -international political economy -monetary theory and policy -public economics ,business law, and all regarding commerce
4.00+
1+ Reviews
10+ Question Solved
Related Book For
Introduction To Probability Statistics And Random Processes
ISBN: 9780990637202
1st Edition
Authors: Hossein Pishro-Nik
Question Posted:
Students also viewed these Business questions
-
If is continuous, show that
-
Let X have an exponential distribution with = 1; that is, the pdf of X is f(x) = ex, 0 < x < . Let T be defined by T = ln X, so that the cdf of T is G(t) = P(ln X t) = P(X et) (a) Show that the...
-
The following gives the marginal utility of Johns consumption of three goods A, B, and C. Goods A, and Band C costs ksh2, ksh1, and ksh3 respectively. How many units of each good should a consumer...
-
Students will present a draft IMC strategy for a start-up company and be asked to analyze its potential effectiveness, identifying gaps and making recommendations for improvement of the strategy....
-
Schmidt Co. has the following standard material and labor quantities and costs for one unit of Product SWK#468: Material ........... 1.85 pounds @ $3.50 per pound Labor ........... 0.04 hours @ $12...
-
What is the operating budget and what are its components?
-
What is the place of sales forecasting in the company planning process?
-
Error Analysis and Correcting Entry You have been engaged to review the financial statements of Longfellow Corporation. In the course of your examination you conclude that the bookkeeper hired during...
-
Explain how occupational health and safety can be linked to 3 specific human resource functions when a company decides to adopt a more strategic approach to OH&S.?
-
Let X Uniform(1, 1) and Y = X 2 . Find the CDF and PDF of Y.
-
Let X be a Uniform(0, 1) random variable, and let Y = e X . a. Find the CDF of Y. b. Find the PDF of Y. c. Find EY.
-
The advertising agency promoting the new Breem dishwashing detergent wants to get the best exposure possible for the product within the $100,000 advertising budget ceiling placed upon it. To do so,...
-
Assume that Amaya Chidori makes a 40,000 deposit into an investment account in a bank in Sendai, Japan. If this account is currently paying 0.5% per annum, what will the account balance be after 2...
-
Paul Jackson saved 6,200 over last 2 years and decided to invest in an individual savings account (ISA), which is a type of savings account that offers tax exemptions to residents of the United...
-
Lisi Ji just won $12 million in the Hong Kong mega lottery. She is given the option of receiving a lump sum immediately, or she can elect to receive an annual payment of $1 million at the end of each...
-
Comment on (a) self-appraisal, (b) appraisal of superiors by subordinates, and (c) the 360-degree system.
-
Nokela Industries purchases a $38.5 million cyclo-converter. The cyclo-converter will be depreciated by $7.7 million per year over five years, starting this year. Suppose Nokelas tax rate is 40%. a....
-
Billy's Hamburger Barn has a single drive-up window. Currently, there is one attendant at the window who takes the order (30-40 seconds), gathers up the food and bags it (30-120 seconds), and then...
-
Willingness to pay as a measure of a person's value for a particular good measures the maximum a person would be willing to pay requires that payment actually be made depends on the satisfaction that...
-
If an equation has more than one independent variable, we have to be careful when we interpret the regression coefficients of that equation. Think, for example, about how you might build an equation...
-
Lets return to the wage determination example of Section 1.2. In that example, we built a model of the wage of the ith worker in a particular field as a function of the work experience, education,...
-
Consider the following two least-squares estimates of the relationship between interest rates and the federal budget deficit in the United States: Model A: Y 1 = 0.103 - 0.079X 1 R 2 = .00 Where: Y 1...
-
1. Evaluate the surface integral $$ \iint {S} y^{2} d S $$ where $S$ is the part of the sphere $x^{2}+y^{2}+z^{2}=1$ and lies above the cone $z=\sqrt{x^{2}+y^{2}}$. 2. Find the flux of the vector...
-
I like to think that I have been quite lucky when it comes to working under great leadership. The one that sticks out the most is the police lieutenant I worked under at a community college campus...
-
Given $$ z(x, y)-\sin\left(x^{4} y^{2} ight) $$ find $\frac{\partial z}{\partial y}$. Enter your answer below as a function of $x$ and $y$ : ?
Study smarter with the SolutionInn App