Question: solve the question below Let ce (V3, 2). We generate random variables X1, X2, ... as follows. Suppose that the first person picks a point

solve the question below

solve the question below Let ce (V3, 2). We generate random variables

Let ce (V3, 2). We generate random variables X1, X2, ... as follows. Suppose that the first person picks a point X1 randomly from [0, 1], i.e., X1 ~ U[0, 1]; for n = 1, 2, ..., given Xn, the (n+ 1)-th person picks a point Xn+1 randomly from [0, cX,], i.e., the conditional distribution of Xn+1 given Xn is U[0, cXn]. (a) Find E(X2). (b) Find E(Xn) for general n = 1, 2, .... Also find limn +% E(Xn). (c) Find the probability limit of Xn as n -> oo, i.e., find the value of constant C' such that Xn - Cas n - co. (d) Find E(X2). Does E(X_) converge to a finite value as n - oo

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