Chapter 7: Q.7.75 (page 358)
The moment generating function of is given by role="math" localid="1647490949330" nd that of by . If and are independent, what are
(a) ?
(b) ?
(c) ?
Short Answer
a) The value of is
b) The value of is
c) The value ofis
Chapter 7: Q.7.75 (page 358)
The moment generating function of is given by role="math" localid="1647490949330" nd that of by . If and are independent, what are
(a) ?
(b) ?
(c) ?
a) The value of is
b) The value of is
c) The value ofis
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Get started for freeWe say that is stochastically larger than , written , if, for all ,
Show that if then when
(a) and are nonnegative random variables;
(b) and are arbitrary random variables. Hint:
Write as
where
Similarly, represent as . Then make use of part (a).
A die is rolled twice. Let X equal the sum of the outcomes, and let Y equal the first outcome minus the second.
Compute
For Example , show that the variance of the number of coupons needed to a mass a full set is equal to
When is large, this can be shown to be approximately equal (in the sense that their ratio approaches 1 as ) to .
Consider a gambler who, at each gamble, either wins or loses her bet with respective probabilities and . A popular gambling system known as the Kelley strategy is to always bet the fraction of your current fortune when . Compute the expected fortune aftergambles of a gambler who starts with units and employs the Kelley strategy.
The -of--out-of- circular reliability system, , consists of components that are arranged in a circular fashion. Each component is either functional or failed, and the system functions if there is no block of consecutive components of which at least are failed. Show that there is no way to arrange components, of which are failed, to make a functional -of--out-of-circular system.
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