Another use of distribution functions is determining the most-probable value, which is done by realizing that at
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Another use of distribution functions is determining the most-probable value, which is done by realizing that at the distribution maximum the derivative of the distribution function with respect to the variable of interest will be zero. Using this concept, determine the most probable value of x (0 ≤ x ≤ ∞) for the following function:
P (x) = Cx2 e-ax2
Compare your result to x and xrms when a = 0.3 (see example problem 29.13).
DistributionThe 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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