Question
The expected value for a question was: E(X) = ( 1 / t h e t a ) ( ( e 5 6 ) /
The expected value for a question was:
E(X) =( 1 / t h e t a ) ( ( e56 ) / ( and51))
Using the E(X) above, comapre this expected value with the expected value of the Expo(theta) distribution, and comment.
Hint: the eponential distribution has E(x)=1/theta
What comments would I make about this?
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Foundations of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta
10th Canadian edition
1259261018, 1259261015, 978-1259024979
