Answer to Question #283045 in Economics for Sara

Question

 If X is a continuous random variable with probability density function: 𝑓(𝑥) = { 𝐾𝑥(𝑥 − 3) 0 ≤ 𝑥 ≤ 3 0 𝑜𝑡ℎ𝑒𝑟𝑤𝑖𝑠𝑒 (i) Find the value of K and P (1 ≤ X ≤2) (ii) Find E (X) 

Answer 1

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