Exercise 2. Let p = [0, 1] and let random variables X₁,..., Xn be i.i.d., such that P(X₂ = 1) = p and P(X₂ = 0) = 1-p for all i = {1, 2,...,n}. Finally, let X be the average of the X₁. a) Determine E(X;) and Var(X₂). b) Determine E(X) and Var(X). c) Show that P(X = k/n) = (*)p² (1 − p)”-k,

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter2: Equations And Inequalities
Section2.7: More On Inequalities
Problem 44E
icon
Related questions
Question
Exercise 2. Let p = [0, 1] and let random variables X₁,..., Xn be i.i.d., such that P(X; = 1) = p
and P(X₂ = 0) = 1-p for all i = {1,2,...,n}. Finally, let X be the average of the X₁.
a) Determine E(X₂) and Var(X₂).
b) Determine E(X) and Var (X).
c) Show that
P(X = k/n) = (7) p² (1
- (^)^(1-2)^-^.
k p)"-
Exercise 3. Let X be a random variable with mean µ and variance o². For a € R, consider the
expectation E((X -a)²).
a) Write E((X-a)²) in terms of a, μ and o².
b) For which value a is E((X - a)2) minimal?
c) For the value a from part (b), what is E((X− a)²)?
Transcribed Image Text:Exercise 2. Let p = [0, 1] and let random variables X₁,..., Xn be i.i.d., such that P(X; = 1) = p and P(X₂ = 0) = 1-p for all i = {1,2,...,n}. Finally, let X be the average of the X₁. a) Determine E(X₂) and Var(X₂). b) Determine E(X) and Var (X). c) Show that P(X = k/n) = (7) p² (1 - (^)^(1-2)^-^. k p)"- Exercise 3. Let X be a random variable with mean µ and variance o². For a € R, consider the expectation E((X -a)²). a) Write E((X-a)²) in terms of a, μ and o². b) For which value a is E((X - a)2) minimal? c) For the value a from part (b), what is E((X− a)²)?
Expert Solution
steps

Step by step

Solved in 4 steps

Blurred answer
Recommended textbooks for you
Algebra & Trigonometry with Analytic Geometry
Algebra & Trigonometry with Analytic Geometry
Algebra
ISBN:
9781133382119
Author:
Swokowski
Publisher:
Cengage
College Algebra (MindTap Course List)
College Algebra (MindTap Course List)
Algebra
ISBN:
9781305652231
Author:
R. David Gustafson, Jeff Hughes
Publisher:
Cengage Learning
Glencoe Algebra 1, Student Edition, 9780079039897…
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill