3. Use two methods to find out the variance of the losses following the distribution below: F(x) = 1-0.8(100)³-0.2( (This is handout problem #8, the two methods are total variance formula and first principle idea approach, respectively.) 3000 3000+x -0

MATLAB: An Introduction with Applications
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Author:Amos Gilat
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3. Use two methods to find out the variance of the losses following the
distribution below:
100
3000
F(x) = 1- 0.8(;
100+x
3000+x", x>=0
(This is handout problem #8, the two methods are total variance formula and
first principle idea approach, respectively.)
Transcribed Image Text:3. Use two methods to find out the variance of the losses following the distribution below: 100 3000 F(x) = 1- 0.8(; 100+x 3000+x", x>=0 (This is handout problem #8, the two methods are total variance formula and first principle idea approach, respectively.)
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