Question
1.Find the median of the random variable with the probability density function given below. (Round your answer to four decimal places.) f ( x )
1.Find the median of the random variable with the probability density function given below. (Round your answer to four decimal places.)
f(x) =0.09e0.09x on[0, +)
2.Find the median of the random variable with the probability density function given below. (Round your answer to four decimal places.)
f(x) =1/x on[1,e]
3.Assuming that workers' salaries in your company are uniformly distributed between$35,000and$75,000per year, calculate the average salary in your company.
$______________
4.Investments in junk bonds are declining continuously at a rate of4%per year. How long will an average dollar remain invested in junk bonds?
___________yr
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