A random variable X has a distribution given by the probability density function f(X) = (1 -

Question:

A random variable X has a given by the probability density function f(X) = (1 - x)/2 with a state space - 1 < x < 1.
(a) What is the expected value of X?
(b) What is the standard deviation of X?
(c) What is the upper quartile of X?
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...