Solution-Suggest for providing an estimation

Suggest for providing an estimation

Reference no: EM131280423

Please just assist me on this am going to accept your answer and ask you more direct. You can just write on paper and take a clear photo

Consider the following Pareto distribution f(x) = 3/(x^4) when x ≥ 1 and f(x) = 0 when x < 1. A sample x(1), . . . , x(n) of size n = 1000 is available from this distribution. What procedure would you suggest for providing an estimation of E[(5X + 1)^2 ].

Reference no: EM131280423

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Suggest for providing an estimation : Consider the following Pareto distribution f(x) = 3/(x^4) when x ≥ 1 and f(x) = 0 when x

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Suggest for providing an estimation

Reference no: EM131280423

Reference no: EM131280423

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