Answer:
a) P ( 3 ≤X≤ 5 ) = 0.02619
b) E(X) = 1
Step-by-step explanation:
Given:
- The CDF of a random variable X = { 0 , 1 , 2 , 3 , .... } is given as:
Find:
a.Calculate the probability that 3 ≤X≤ 5
b) Find the expected value of X, E(X), using the fact that. (Hint: You will have to evaluate an infinite sum, but that will be easy to do if you notice that
Solution:
- The CDF gives the probability of (X < x) for any value of x. So to compute the P ( 3 ≤X≤ 5 ) we will set the limits.

- The Expected Value can be determined by sum to infinity of CDF:
E(X) = Σ ( 1 - F(X) )

E(X) = Limit n->∞ [1 - 1 / ( n + 2 ) ]
E(X) = 1
We divide 60 by 2 as many times as possible to get 60 = 15 x 2 x 2. 2 is a prime number so we don't need to break the 2's down any more. Instead we break 15 down. 15 doesn't divide by 2 so we try the next prime number: 3 Divide 15 by 3 to get 15 = 5 x 3, and so 60 = 5 x 3 x 2 x 2.
Answer:
A royalty is a payment made by one party (the licensee or franchisee) to another that owns a particular asset (the licensor or franchisor), for the right to ongoing use of that asset. ... A royalty interest is the right to collect a stream of future royalty payments.
Step-by-step explanation:
Answer:
9,8,1,0,-10,-15
Step-by-step explanation:
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