Mathematics, 05.07.2021 19:50 adi593
In this exercise, do not attempt formal mathematical derivations, which would actually involve some subtle issues when we go beyond discrete random variables. Rather, use your understanding of the concepts involved. For each one of the statements below, indicate whether it is true or false.
(a) The law of iterated expectations tells us that E [E[X|Y]] = E[X]. Suppose that we want apply this law in a conditional universe, given another random variable Z, in order to evaluate E [X2]. Then: EE[X|Y, 2]|2] = E[X2] y E[E[X|Y]|2] =E[X2] V EE[X|Y, Z]] =E[X2]
(b) Determine whether each of the following statements about the quantity E[g(X, Y)|Y, Z) is true or false. The quantity E[9(X, Y)|Y, 2) is: • a random variable y a number y a function of (X, Y) y a function of (Y, Z) | a function of Z only
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In this exercise, do not attempt formal mathematical derivations, which would actually involve some...
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