Can you help me with question (b) please, Thanks! b) An|to model the d Shibukim9.ecomomist deadesof in comea Coantayunth the probabililyinfunckin!forond o sthew k whore hsndLet ? Y,, XzYnŚ berandaniSempe ofafrom this dishnbnbim. You maythefact that :E (x)=dk2-2Show thatthemethad moments ethmeders eofandaretheand2(2-2)where :nd 8?=1Z (xi -x

Name: Can you help me with question (b) please, Thanks! b) An|to model the d
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Description: Can you help me with question (b) please, Thanks! b) An|to model the d Shibukim9.ecomomist deadesof in comea Coantayunth the probabililyinfunckin!forond o sthew k whore hsndLet ? Y,, XzYnŚ berandaniSempe ofafrom this dishnbnbim. You maythefact that :

Given the distribution of income in a country with the pdf fXx, α, k=αkαxα+1 for x≥k where…

Math

Probability

b An ecmomist decdes to model the d shibukim f income a Connbag unth the prtoabiliy in denphy fonctin: for x > k ond o Sthw f whore n>o nd Let 2 Y,, Xz randanm Sempre of from this dishn bnbim. You the nte fuct thit E (x)=dk E(x=): メース Show that the methed of moments ethmetrs e and h the Shrtiond of: are and 2 (2 -2) where : Xi し>」

b An ecmomist decdes to model the d shibukim f income a Connbag unth the prtoabiliy in denphy fonctin: for x > k ond o Sthw f whore n>o nd Let 2 Y,, Xz randanm Sempre of from this dishn bnbim. You the nte fuct thit E (x)=dk E(x=): メース Show that the methed of moments ethmetrs e and h the Shrtiond of: are and 2 (2 -2) where : Xi し>」

Elements Of Modern Algebra

8th Edition

ISBN:9781285463230

Author:Gilbert, Linda, Jimmie

Publisher:Gilbert, Linda, Jimmie

Chapter1: Fundamentals

Section1.1: Sets

Problem 39E

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