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Mike is organizing 10K run race for his school activity. Mike would like to place a volunteer somewhere between the 1 mile marker and 5
Mike is organizing 10K run race for his school activity. Mike would like to place a volunteer somewhere between the 1 mile marker and 5 mile marker. Suppose an incident will occur at position X between the 1 mile marker and 5 mile marker and X is a random variable with PDF of f(x)=5/4x2 for1x5.
At what point B should the volunteer be in order to minimize the expected distance, E[|X B|], to the incident?
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