Suppose that the random variable X has a continuous distribution with c.d.f.F(x). Suppose also that Pr(X

Question:

Suppose that the random variable X has a continuous distribution with c.d.f.F(x). Suppose also that Pr(X ‰¥ 0) = 1 and that E(X) exists. Show that
E(X) = | [1- F(x)]dx.

You may use the result proven in Exercise 1.

Distribution
The 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...
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Probability And Statistics

ISBN: 9780321500465

4th Edition

Authors: Morris H. DeGroot, Mark J. Schervish

Question Posted: