A random variable X takes values 1, 0, and 2, with respective probabilities 0.2, 0.3, and 0.5.
Question:
A random variable X takes values −1, 0, and 2, with respective probabilities 0.2, 0.3, and 0.5. Find the mgf of X. Use the mgf to find the first two moments of X.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 63% (11 reviews)
mt02e t 03 05e 2...View the full answer
Answered By
Ashington Waweru
I am a lecturer, research writer and also a qualified financial analyst and accountant. I am qualified and articulate in many disciplines including English, Accounting, Finance, Quantitative spreadsheet analysis, Economics, and Statistics. I am an expert with sixteen years of experience in online industry-related work. I have a master's in business administration and a bachelor’s degree in education, accounting, and economics options.
I am a writer and proofreading expert with sixteen years of experience in online writing, proofreading, and text editing. I have vast knowledge and experience in writing techniques and styles such as APA, ASA, MLA, Chicago, Turabian, IEEE, and many others.
I am also an online blogger and research writer with sixteen years of writing and proofreading articles and reports. I have written many scripts and articles for blogs, and I also specialize in search engine
I have sixteen years of experience in Excel data entry, Excel data analysis, R-studio quantitative analysis, SPSS quantitative analysis, research writing, and proofreading articles and reports. I will deliver the highest quality online and offline Excel, R, SPSS, and other spreadsheet solutions within your operational deadlines. I have also compiled many original Excel quantitative and text spreadsheets which solve client’s problems in my research writing career.
I have extensive enterprise resource planning accounting, financial modeling, financial reporting, and company analysis: customer relationship management, enterprise resource planning, financial accounting projects, and corporate finance.
I am articulate in psychology, engineering, nursing, counseling, project management, accounting, finance, quantitative spreadsheet analysis, statistical and economic analysis, among many other industry fields and academic disciplines. I work to solve problems and provide accurate and credible solutions and research reports in all industries in the global economy.
I have taught and conducted masters and Ph.D. thesis research for specialists in Quantitative finance, Financial Accounting, Actuarial science, Macroeconomics, Microeconomics, Risk Management, Managerial Economics, Engineering Economics, Financial economics, Taxation and many other disciplines including water engineering, psychology, e-commerce, mechanical engineering, leadership and many others.
I have developed many courses on online websites like Teachable and Thinkific. I also developed an accounting reporting automation software project for Utafiti sacco located at ILRI Uthiru Kenya when I was working there in year 2001.
I am a mature, self-motivated worker who delivers high-quality, on-time reports which solve client’s problems accurately.
I have written many academic and professional industry research papers and tutored many clients from college to university undergraduate, master's and Ph.D. students, and corporate professionals. I anticipate your hiring me.
I know I will deliver the highest quality work you will find anywhere to award me your project work. Please note that I am looking for a long-term work relationship with you. I look forward to you delivering the best service to you.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Mathematics questions
-
Suppose X takes values 1, 0, and 3, with respective probabilities 0.1, 0.3, and 0.6. Find V[X].
-
Find E(X) and Var(X) for a random variable X with pdf Also find the mgf of X. -00
-
A random variable X takes values between 4 and 6 with a probability density function for 4 x (a) Cheek that the total area under the probability density function is equal to 1. (b) What is P(4.5 X ...
-
Prepare an Orientation Plan for the select position utilizing the theories discussed in the text. Discuss appropriate and effective orientation plans and your decision-making process for selecting a...
-
In general, are chi-square distributions symmetric or skewed? If skewed, are they skewed right or left?
-
Protons are accelerated from rest across 550V. They are then directed at two slits 0.70mm apart. How far apart will the interference peaks be on a screen 28m away?
-
Due to a nationwide recession, PC Worlds merchandise inventory is gathering dust. It is now December 31, 2010, and the \($162,000\) that PC World paid for its ending inventory is \($14,000\) higher...
-
Consider the following abbreviated financial statements for Parrothead Enterprises: a. What is owners equity for 2010 and 2011? b. What is the change in net working capital for 2011? c. In 2011,...
-
Create a budget based on the expenses you think the average family needs to get by in the Charlotte North Carolina area. Follow these guidelines when completing your budget: Your budget should be...
-
Jimmy owns a garden in which he has planted N trees in a row. After a few years, the trees have grown up and now they have different heights. Jimmy pays much attention to the aesthetics of his...
-
What recommendations should Denny make to Andy for improvement, if any?
-
What kinds of problems do you think Andy would have to cope with when doing a comprehensive financial statement analysis of Gillian Pool & Spa Supplies? What are the limitations of financial...
-
What is the Income Tax Formula, in simplified form?
-
In order to be able to use industry benchmarks to evaluate a firms performance, it is necessary to determine the industry to which the firm belongs. Eurostat (European Statistical Office) is a...
-
Imagine that you are an independent musician that plays the drums. You are on tour with a band, but it is your responsibility to get from place to place with your gear. For short trips, you need a...
-
At present, 20-year U.K. government gilts are yielding 5.4 percent, while some 20-year U.K. corporate bonds that you are interested in are yielding 9.6 percent. Assuming that the maturity-risk...
-
Imagine the following. You live in a small, rural village in Rwanda. Your eight-year-old child is a patient at your village hospital and needs a blood transfusion to survive. The hospital does not...
-
Identify the two most common types of custodial arrangements.
-
The domain of the tangent function is _____.
-
Before the latest financial crisis and recession, when was the largest recession of the past 50 years, and what was the cumulative loss in output over the course of the slowdown?
-
Suppose 60 participants are enrolled in the main study. How much power would the study have to detect a 0.5-unit mean difference if a two-sided test is used with a significance level of .05?...
-
Suppose we want to estimate the number of participants needed in the main study so that there is a 90% chance of finding a significant difference between active and placebo eyes using a two-sided...
-
Suppose a similar study is planned among women who use exogenous hormones. How many participants need to be enrolled if the mean change in log10 (plasma estradiol) is 0.08, the standard deviation of...
-
Doing a strategic analysis of GraceKennedy Limited, What is the current level of its economic performance, an indication of the factors responsible for the current performance and recommendations for...
-
How would you evaluate Cisco social media marketing success? Outline which, if any, of the mentioned media plans Cisco should pursue. Why? What are the challenges of using social media? Do you have...
-
Office Ltd manufactures furniture for computer work stations. The company uses a job costing system. Manufacturing overhead is applied to production at a predetermined overhead rate of $60 per direct...
Study smarter with the SolutionInn App