5. On 1 = [0,1] let S(w) = 100-1. If the difference (w) - 100 is greater than a, we get ae and we pay aes otherwise, whe
Posted: Tue Sep 07, 2021 7:35 am
5. On 1 = [0,1] let S(w) = 100-1. If the difference (w) - 100 is greater than a, we get ae and we pay aes otherwise, where a is a positive number. Denote the result of this game by H(w). a) Let a = 10. Find the form of H. b) Find the expectation of H for arbitrary a. b) For which a the expectation of H is largest?