Question: Let X be a Bernoulli random variable with success probability p and failure probability 1 p. That is, X = 1 withprobability p 0 with
Let X be a Bernoulli random variable with success probability p and failure probability 1 −p. That is, X = 1 withprobability p 0 with probability 1 −p. Find: (a) The second moment E[X2] and the third moment E[X3]. (b) The central moments of variance µ2, skewness µ3, and kurtosis µ4
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