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(Solved): Review of Conditional Expectation. Suppose Z is a random variable that is either 1 or 1 , with ...



Review of Conditional Expectation. Suppose \( Z \) is a random variable that is either \( -1 \) or 1 , with probability \( 0.

Review of Conditional Expectation. Suppose is a random variable that is either or 1 , with probability of either outcome. If , then is uniformly distributed between 0 and 4 . If , then is normally distributed with mean , and variance 4 . (a) Find (b) Find (c) Verify parts (a) and (b) by drawing 10,000 samples from the distribution of and computing the mean and variance across these 10,000 samples.


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SOLUTION :Given that(a) To find the expected value of X, we can use the law of total expectation:E[X]=E[E[X?Z]]=E[?1?E[X?Z=?1]+1?E[X?Z=1]]=E[?1?0+42+1
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