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Results tagged with expected-value
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user 235840
The expected value of a random variable is a weighted average of all possible values a random variable can take on, with the weights equal to the probability of taking on that value.
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Moment Generating Function for Lognormal Random Variable
I'm working through the proof of a lognormal random variable and am having some difficulty in moving through it. I understand the following:
Our CDF is $\Phi(\frac{logx - \mu}{\sigma})$, and thus our …
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