Let B, denote the present value random variable for a continuously increasing contingent payment contract with benefit b, for failure at time t. Given also that v (1+.10r) and the PDF of T, the random variable for time of failure, is given by f(t)-.02 for 0SIS 50, find the variance of B. = 1+.10r %3D

Calculus For The Life Sciences
2nd Edition
ISBN:9780321964038
Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Chapter13: Probability And Calculus
Section13.CR: Chapter 13 Review
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O Let B, denote the present value random variable for a continuously
increasing contingent payment contract with benefit b,
for failure at time t. Given also that v (1+.10r) and the PDF
of T, the random variable for time of failure, is given by
f(t) .02 for OSIS 50, find the variance of B..
= 1+.10r
Transcribed Image Text:O Let B, denote the present value random variable for a continuously increasing contingent payment contract with benefit b, for failure at time t. Given also that v (1+.10r) and the PDF of T, the random variable for time of failure, is given by f(t) .02 for OSIS 50, find the variance of B.. = 1+.10r
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