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    moment generating function and expected value

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    Use your answer from 3.87 to show that E(Y) = aE(X) +b

    3.87: [ If X is a random variable with moment-generating function M(t), and Y is a function of X given by Y=aX+b,
    show that the moment-generating function for Y is e^(tb) * M(at) ]
    My answer for exercise 3.87 is attached.

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    Solution Summary

    The solution shows how to find the expected value of Y using its moment generating function.