hey all:)

amazing forum this is.!

my name is mauli.

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- March 5th 2013, 08:34 PMmaulihello
hey all:)

amazing forum this is.!

my name is mauli. - March 5th 2013, 08:38 PMmauliRe: hello
a number X and a sequence of numbers {Yn:n belong to N} are i.i.d draws from the uniform distribution [0,1].

let N=inf{n belonging to N:Yn >X}. The player conducting these draws receives a prize of (N-1).Calculate the expected value of the prize..note that N denotes natural numbers