Mathematics, 15.07.2019 18:30 taniaorozco

Consider a r. v. x such that p(x > x) = x−1 for x ≥ 1. this is a particular case of the pareto distribution which we will consider in section 2.1.1.3 in detail. does x have a finite expected value? find the certainty equivalent of x for u(x) = √ x.

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Consider a r. v. x such that p(x > x) = x−1 for x ≥ 1. this is a particular case of the pareto d...

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