OkayLearn1371 OkayLearn1371

27-05-2023
Business

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TRUE / FALSE. Let Y, i=1,...,n be random variables which equal 1 with probability P and equal O with probability 1-p. Then, the expected value of Y₁, E(Y), is p because E(Y)=1xP(Y-1) +0xP (Y-0)=1xp=p. True False

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