Problem

Let X have the cdf F(x) = 1 − x−α, x ≥ 1. a. Find E(X) for those values of α for wh...

Let X have the cdf F(x) = 1 − xα, x ≥ 1.

a. Find E(X) for those values of α for which E(X) exists.

b. Find Var(X) for those values of α for which it exists.

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