Consider a random variableX with the following distribution: value: 9.7 1.9 4.1 18.5 18.4 15.5 16.6 11
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Question:
Consider a random variableX with the following distribution:
| value: | 9.7 | 1.9 | 4.1 | 18.5 | 18.4 | 15.5 | 16.6 | 11 | 12.9 | 15.9 |
| probability: | 0.1 | 0.1 | 0.1 | 0.1 | 0.15 | 0.05 | 0.1 | 0.12 | 0.1 | 0.08 |
What is the value of CVaR30%[X]? Report your answer using two decimals.
Note: only one try is possible in this problem.
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