Let X have a Weibull distribution with the pdf from Expression (4 11) Verify that B(1 1 ) In the integral for E(X), make the change of variable y (x ), so that x By 1 ...

Let X have a Weibull distribution with the pdf from Expression (4.11). Verify that = B(1+1/).

Question:

Let X have a Weibull with the pdf from Expression (4.11). Verify that μ = BГ(1+1/α). [In the integral for E(X), make the change of variable y = (x/β)α, so that x = By 1 / α.]
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...