Suppose that X is a random variable having a continuous distribution with p.d.f. f (x) and c.d.f.

Question:

Suppose that X is a random variable having a continuous with p.d.f. f (x) and c.d.f. F(x), and for which Pr(X > 0) = 1. Let the failure rate h(x) be as defined in Exercise 18 of Sec. 5.7. Show that

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...