Consider the random variable Y has the following density function for y > 0 fW) = {{" elsewhere Show the moment-generating function for Y is 1 m(t) 1 for t < 1 | Use the moment-generating function above to find the mean of Y. Use the moment-generating function above to find the variance of Y.

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
icon
Related questions
Question
Consider the random variable \( Y \) has the following density function:

\[
f(y) = 
\begin{cases} 
e^{-y} & \text{for } y > 0 \\
0 & \text{elsewhere} 
\end{cases}
\]

Show the moment-generating function for \( Y \) is

\[
m(t) = \frac{1}{1-t} \quad \text{for } t < 1
\]

Use the moment-generating function above to find the mean of \( Y \).

Use the moment-generating function above to find the variance of \( Y \).
Transcribed Image Text:Consider the random variable \( Y \) has the following density function: \[ f(y) = \begin{cases} e^{-y} & \text{for } y > 0 \\ 0 & \text{elsewhere} \end{cases} \] Show the moment-generating function for \( Y \) is \[ m(t) = \frac{1}{1-t} \quad \text{for } t < 1 \] Use the moment-generating function above to find the mean of \( Y \). Use the moment-generating function above to find the variance of \( Y \).
Expert Solution
Step 1

Statistics homework question answer, step 1, image 1

steps

Step by step

Solved in 2 steps with 2 images

Blurred answer
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman