In: Math
f(x) = 3e −3x x > 0
0 otherwise.
Find the expected value and variance of the random variable.
Expected Value = 0.3333
Variance = 0.1111
EXPLANATION:
(a)
Expected value is given by:
between the limts 0 to .
Applying limts, we get:
(ii)
(1)
Taking the constant out, we get:
Put
u = - 3x. (2)
Applying Integration by Parts, we get:
(3)
Substituting (2), equation (3) becomes:
(4)
Substituting (4), equation (1) becomes:
,
between the limits 0 to .
Applying limts, we get:
So,
Var(X) = E(X2) - (E(X))2 = 0.2222 - 0.33332 = 0.1111