I think I'm doing this wrong, but I can't see where. Y is a random variable.

m'(t) = Expected Value (50 * e^(t*50) + 0.01 * Y * e^(t*0.01*Y))

m''(t) = Expected Value (50^2 * e^(t*50) + (0.01 * Y)^2 * e^(t*0.01*Y))

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- October 23rd 2011, 01:34 PMRelmiwFinding Derivative, Moment Generating Function
I think I'm doing this wrong, but I can't see where. Y is a random variable.

m'(t) = Expected Value (50 * e^(t*50) + 0.01 * Y * e^(t*0.01*Y))

m''(t) = Expected Value (50^2 * e^(t*50) + (0.01 * Y)^2 * e^(t*0.01*Y)) - October 23rd 2011, 02:58 PMAuriRe: Finding Derivative, Moment Generating Function
Are you trying to see if the second derivative is correct?

- October 23rd 2011, 02:59 PMRelmiwRe: Finding Derivative, Moment Generating Function
Yes, that's exactly it.

- October 23rd 2011, 03:19 PMAuriRe: Finding Derivative, Moment Generating Function
First factor out the constant, then use the chain rule.

Scheiße I can't use the formatting text correctly.