Let X be such thatP{X =1} = p = 1 – p{X = -1}Find c ? 1

Chapter 4, Problem 6TE

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QUESTION:

Problem 6TE

Let X be such that

P{X =1} = p = 1 – p{X = -1}

Find c ≠ 1 such that E[cX]= 1.

Questions & Answers

QUESTION:

Problem 6TE

Let X be such that

P{X =1} = p = 1 – p{X = -1}

Find c ≠ 1 such that E[cX]= 1.

ANSWER:

Solution 6TE

Step1 of 2:

Let us consider a random variable ‘X’ such that,

We need to find the value of ‘c’, when


Step2 of 2:

Consider,

   

Now,

     

               

              &nb

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