subject
Mathematics, 18.03.2021 01:40 20eppsj

4. Suppose a particular state allows individuals filing tax returns to itemize deductions only if the total of all itemized deductions is at least $5000. Let X (in 1000s of dollars) be the total of itemized deductions on a randomly chosen form. Assume that X has the pdf f(x; a) 5 5 kyxa x $ 5 0 otherwise a. Find the value of k. What restriction on a is necessary? b. What is the cdf of X? c. What is the expected total deduction on a randomly chosen form? What restriction on a is necessary for E(X) to be finite? d. Show that ln(X/5) has an exponential distribution with parameter a 2 1.

ansver
Answers: 1

Another question on Mathematics

question
Mathematics, 21.06.2019 16:00
If the measure of angle 1 is 110 degrees and the measure of angle 3 is (2 x+10 degree), what is the value of x?
Answers: 2
question
Mathematics, 21.06.2019 17:30
The train station clock runs too fast and gains 5 minutes every 10 days. how many minutes and seconds will it have gained at the end of 9 days?
Answers: 2
question
Mathematics, 21.06.2019 19:50
The probability that a student graduating from suburban state university has student loans to pay off after graduation is .60. if two students are randomly selected from this university, what is the probability that neither of them has student loans to pay off after graduation?
Answers: 2
question
Mathematics, 21.06.2019 20:30
Solve each quadratic equation by factoring and using the zero product property. n^2 - 49 = 0
Answers: 2
You know the right answer?
4. Suppose a particular state allows individuals filing tax returns to itemize deductions only if th...
Questions
question
Biology, 31.03.2021 14:00
question
Mathematics, 31.03.2021 14:00
question
Chemistry, 31.03.2021 14:00
Questions on the website: 13722360