Rup

December 21st 2005, 10:17 PM

Hello,

How would I know that first I need to find C in such kind of problems?

An insurance company’s monthly claims are modeled by a continuous positive random variable X whose probability density function is proportional to (1+x)^-4 , where 0<x<infinity . Determine company’s monthly claims. (1/2)

Thanks

Rup

How would I know that first I need to find C in such kind of problems?

An insurance company’s monthly claims are modeled by a continuous positive random variable X whose probability density function is proportional to (1+x)^-4 , where 0<x<infinity . Determine company’s monthly claims. (1/2)

Thanks

Rup