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Determine the standard deviation of <math>L</math> to the nearest integer.
Determine the standard deviation of <math>L</math> to the nearest integer.


<ol style="list-style-type:upper-alpha">
<ul class="mw-excansopts">
<li>298</li>
<li>298</li>
<li>1,088</li>
<li>1,088</li>
Line 24: Line 24:
<li>1,279</li>
<li>1,279</li>
<li>1,565</li>
<li>1,565</li>
</ol>
</ul>

Latest revision as of 02:26, 18 March 2024

A loss variable [math]L[/math] has a density function that is proportional to

[[math]] x^{\alpha -1}e^{-x/\theta}. [[/math]]

The parameters [math]\theta [/math] and [math]\alpha [/math] are random with the following joint distribution

[math]\alpha = 1 [/math] [math]\alpha = 2[/math]
[math]\theta = 500 [/math] 0.25 0.35
[math]\theta = 1000 [/math] 0.15 0.25

Determine the standard deviation of [math]L[/math] to the nearest integer.

  • 298
  • 1,088
  • 1,220
  • 1,279
  • 1,565