Suppose that the random variable W has a beta distribution with probability density function f(w) given as f(w) = Kwi(1 – w),0

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|A4
Suppose that the random variable W has a beta distribution with probability density function
f(w) given as
f(w) = Kwż(1 – w), 0 < w < 1
Find the value of K and hence the average value of W.
Transcribed Image Text:|A4 Suppose that the random variable W has a beta distribution with probability density function f(w) given as f(w) = Kwż(1 – w), 0 < w < 1 Find the value of K and hence the average value of W.
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