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Mathematics, 28.01.2020 23:51 hails271

Let y be a random variable with p. d.f. ce-4y for y ≥ 0.

(a) determine c.

(b) what is the mean, variance, and squared coefficient of variation of y where the squared

coefficient of variation of y is defined to var(y )/(e[y ])2?

(c) compute pr{y < 5}.

(d) computepr{y > 5|y > 1}.

(e) what is the 0.7 quantile (or 70th percentile) where the 0.7 quantile is the point q such that pr{y > q} = 0.7?

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Let y be a random variable with p. d.f. ce-4y for y ≥ 0.

(a) determine c.

(b...
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