Questions tagged [expectation]

For questions about the expectation of a random variable: computations, upper/lower bounds, etc.

3734 questions
0
votes
3 answers

What's a real life example of a case in which the conditional expectation is not zero, but the non conditional expectation is zero?

If I had to give an example to my grandmother of such a case, what would be a good real life example for a case in which $ E[u|x]\neq 0 \quad \text{and} \quad E[u]=0 ?$ Thanks!
Kiwile
  • 3
0
votes
3 answers

Can we write $E[x_1x_2]^2$ in terms of $E[x^2_1]$ and $E[x^2_2]$?

when $x_1$ and $x_2$ are dependent, we know that $E[x_1x_2]^2 \neq E[x^2_1]E[x^2_2]$. Is it possible to express $E[x_1x_2]^2$ in terms of $E[x^2_1]$ and $E[x^2_2]$? I only know that $\quad var[x_i]=E[x^2_i]-E[x_i]^2$ and…
Lee
  • 1,910
  • 12
  • 19
0
votes
1 answer

the expectation notation

Hi I am going through some definition and proofs of Uniform integrability. I am just confused with these two notations: E(|$X_\alpha$|;|$X_\alpha$|>K) and E(|$X_\alpha$| $|$ |$X_\alpha$|>K); Are they equal? To my understanding, they seems both…
0
votes
2 answers

Expectation of picking a number from a uniform distribution

Ms. A selects a number X randomly from the uniform distribution on $[0, 1]$. Then Mr. B repeatedly, and independently, draws numbers $Y_1$,$Y_2$,.... from the uniform distribution on $[0,1]$ until he gets a number larger than $X/2$, then stops. The…
Meera Unni
  • 427
  • 1
  • 4
  • 16
0
votes
1 answer

Explain the notation in the tower law

The tower law states: $$\mathbb{E}(X)=\mathbb{E}[\mathbb{E}(X|Y)]$$ But, from my understanding, we have the following: Suppose we let $Z:=X|Y$ and $a,b\in\mathbb{R}$. Then: $\mathbb{E}(X)=a$ is the expectation of a random variable, so it is a…
0
votes
1 answer

Expected Value of drawing 10 tickets

In a lottery, 10 tickets are drawn at random out of 50 tickets numbered from 1 to 50. What is the expected value of the sum of numbers on the drawn tickets? My approach - If after drawing a ticket, if it was replaced, then it can be easily solved.…
0
votes
4 answers

It is the case that $E[\exp(X)] = \exp(E[X])$?

Is it the case that $E[\exp(X)] = \exp(E[X])$, where $X$ is a random variable? I know this is too simple, but I must be googling the wrong things.
Ben S.
  • 505
0
votes
1 answer

Finding 4th Moment of a Random Variable.

In an attempt to derive something, I have come to a point where I need to know what the following can be simplified to. It looks to me that I am looking for the 4th moment of ''y''. I am just not sure how to go about…
0
votes
3 answers

Expected Value dice rolling

You roll a die until you get the number five. What is the expected value of the maximum roll you see(don't include 5, we only consider rolls upto and before the 5). I created a solution to this problem, although I am still confused because of the…
GTOgod
  • 570
0
votes
1 answer

Check my solution for an Expected Value Lottery Problem

You have a lottery number with ten slots. On each slot is an equally probably number from 0 to 1. You are paid the maximum number of the ten slots. What is the expected payout of the lottery number. My strategy was to use the integral definition for…
GTOgod
  • 570
0
votes
1 answer

Expectation of exponential function

Let $X \sim \mathcal N(\mu, \sigma^2)$ which denotes some random costs. By making the investment $k > 0$ one can change costs to $Y(k) \sim \mathcal N(e^{-k}\mu,e^{-2k}\sigma^2)$ such that costs changes from $x$ to $y(k) + k$. I have from a paper…
clueless
  • 771
0
votes
1 answer

Expected length of unit segments

Suppose we draw $x, y, z$ from the uniform distribution on $(0, 5)$. How would we calculate the expected value of $|(x, x + 1) \cup (y, y + 1) \cup (z, z+1)|$?
user41281
  • 554
0
votes
0 answers

Expectation of product of two Vasicek distributed variables

It's shown in a research paper that: $$ E\left[ \Phi\left(\frac{\Phi^{-1}(PD)-\sqrt{\rho_{1}}Y}{\sqrt{1-\rho_1}}\right) \times \Phi\left(\frac{\Phi^{-1}(LGD)-\sqrt{\rho_{2}}Z}{\sqrt{1-\rho_2}}\right)\right]= \Phi_2\left( \Phi^{-1}(PD),…
bozhao
  • 1
0
votes
1 answer

Expected Value of E(x) with two cdf's $F(x)\leq G(x)$

A random variable X is distributed in [0, 1]. Mr. Fox believes that X follows a distribution with cumulative density function (cdf) $F : [0, 1]\rightarrow [0, 1]$ and Mr. Goat believes that X follows a distribution with cdf $G : [0, 1]…
user405925
  • 343
  • 3
  • 13
0
votes
1 answer

Expected value of maximum of discrete and continuous random variable

Just looking for confirmation of what I believe to be true. Let $\tilde{x}\in\{x^L,x^H\}$ with $Pr(x^L)=p$ and $Pr(x^H)=1-p$. Also let $\tilde{y}$ be a continuous random variable with unspecified distribution function. Then, is the following…
John
  • 57