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Question: 1) Random variable X has a poisson distribution with mean lambda=3.2. Find the mode of X 2) X is …

by | Nov 30, 2023 | Posted Questions


1) Random variable X has a poisson distribution with mean
lambda=3.2. Find the mode of X

2) X is the loss random variable with density function
f(x)=1/4*e^(-x/4). Z is the portion of the loss not covered by the
insurance. Z is equal to 1 with probability of 0.4 and equal to
zero with probability of 0.6. X and Z are independent. Calculate
Var(XZ)

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