18. Reconsider the distribution of checkout duration X described in Exercises 1 and 11. Compute the following:
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18. Reconsider the distribution of checkout duration X described in Exercises 1 and 11. Compute the following:
a. E(X)
b. V(X) and sX
c. If the borrower is charged an amount h(X) X2 when checkout duration is X, compute the expected charge E[h(X)].
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Related Book For
Modern Mathematical Statistics With Applications
ISBN: 9780534404734
1st Edition
Authors: Jay L Devore
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