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Computing the Expectation Value of a Random Variable

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Exercise 1:
Let Y be a random variable with normal distribution with mean (μ =2), and standard deviation (σ = 1). Let J(t) = Y I[1,∞)(t). (I =1 in the interval [1,∞), and 0 otherwise). Define a new random variable L by putting that L is equal to integral from minus infinity to plus infinity e^t dJ(t). Compute the expectation of L.

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We use a given probability distribution to determine the expectation value of a random variable.

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Exercise 1:
Let Y be a random variable with normal distribution with mean (μ =2), and standard deviation (σ = 1). Let J(t) = Y I[1,∞)(t). (I =1 in the interval [1,∞), and 0 otherwise). Define a new random variable L ...

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