4.37 Let X be a continuous random variable with probability density f(x) and finite expected value E(X). (a) What constant c minimizes E[(X- c)2] and what is the minimal age value of E[(X— c)²]?qog voiloq 2 (b) Prove that E(|X— c)) is minimal if c is chosen equal to the median of X.
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Questions number 4.37
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- The following table provides values of the function f(x,y). However, because of potential; errors in measurement, the functional values may be slightly inaccurately. Using the statistical package included with a graphical calculator or spreadsheet and critical thinking skills, find the function f(x,y)=a+bx+cy that best estimate the table where a, b and c are integers. Hint: Do a linear regression on each column with the value of y fixed and then use these four regression equations to determine the coefficient c. x y 0 1 2 3 0 4.02 7.04 9.98 13.00 1 6.01 9.06 11.98 14.96 2 7.99 10.95 14.02 17.09 3 9.99 13.01 16.01 19.02Explain the difference between the average rate of change of y as x changes a to b, and the instantaneous rate of change of y at x=aYOUR TURN 1 Repeat Example 1 for the probability density function f(t)=83x3 on [1,2]. EXAMPLE 1 Expected Value and Variance Find the expected value and variance of the random variable x with probability density function defined by f(x)=(3/26)x2on[1,3].
- Normal distribution. The moment generating function of a random variable U is M(t) = (1 - 8t)^-7. Find: i)Probability density function, ii)Mean, iii)Variance of U.36. QUESTION: Let X have the density f(x) = 2x if 0 < r <1 and f(x) = 0 otherwise. Show that X has the mean 2/3 and the variance 1/18. Find the mean and the variance of the random variable Y = -2X + 3.