Mathematics, 12.08.2019 17:20 silviamgarcia
(problem from an old actuarial exam) an actuary models the lifetime of a device using the random variable y = 10x0: 8, where x is an exponential random variable with mean 1 year. determine the probability density function f(y), for y > 0, of the random variable y . (it might be to derive the c. d.f. of y and then take a derivative to nd the density.)
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(problem from an old actuarial exam) an actuary models the lifetime of a device using the random var...
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