Consider the Prelec function w(p) = e−1.7(− ln p)0.75 . Consider only interior fixed points (so ignore the fixed points w(0) = 0 and w(1) = 1). Let pe be the probability corresponding to the point of inflection and p∗ the fixed point. What is the relation between the fixed point and the point of inflection?

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A: Given The pdf of  we have Also ,Let we have the given range

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A:

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A: The complete solution is in given below

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A:

Q: 884 OB. 81 879 OC. 83

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A:

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A: Given that,

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