4. Let X be a random variable following a binomial distribution with the following moment generating function (MGF): M(t) = (be' + (1 – b))ª where a is a positive integer and 0

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4. Let X be a random variable following a binomial distribution with the following moment generating function
(MGF):
M(t) = (be' + (1 – b))ª
where a is a positive integer and 0 <b < 1. Use the MGF to find the mean/expected value of X.
Transcribed Image Text:4. Let X be a random variable following a binomial distribution with the following moment generating function (MGF): M(t) = (be' + (1 – b))ª where a is a positive integer and 0 <b < 1. Use the MGF to find the mean/expected value of X.
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