Microeconomic Theory
12th Edition
ISBN: 9781337517942
Author: NICHOLSON
Publisher: Cengage
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Question
Chapter 2, Problem 2.14P
(a)
To determine
The proof of
(b)
To determine
The proof of
(c)
To determine
The proof of
(d)
To determine
The proof of
(e)
To determine
- The proof that
f ( x ) = 2 x − 3 for x ≥ 1 is a proper PDF
F ( x ) for this PDF
E ( x ) for this PDF using the result of part (c)
- The proof that Markov’s inequality holds for this function
(f)
To determine
- The proof that
f ( x ) = x 2 3 for − 1 ≤ x ≤ 2 is a proper PDF
- The value of
E ( x )
- The probability that
− 1 ≤ x ≤ 0
- The value of
f ( x | A ) , where A is the event 0 ≤ x ≤ 2
- The value of
E ( x | A )
- Intuitive explanation of the results
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Microeconomic Theory
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