Let X be a random variable having finite expectation and variance 2 , and let
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Let X be a random variable having finite expectation μ and variance σ2, and let g(∙) be a twice differentiable function. Show that
Expand g(∙) in a Taylor series about μ. Use the first three terms and ignore the remainder.
Transcribed Image Text:
g" (μ)
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gX g gX g X 2 2 ...View the full answer
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