Find the Expected Value and Variance for the Random Variable $f ( x ) = x$

question 32

Short Answer

Find the expected value and variance for the random variable whose probability density function is $f ( x ) = x$ $0 \leq x \leq 1 .$ Enter just two reduced fractions (unlabeled) in the order E(X), Var(X) separated by a comma.

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Social entrepreneurship involves starting companies or initiatives that aim to solve social problems or address community needs through innovative solutions, prioritizing social impact alongside or above profit.

Corporate Social Responsibility

A business model that helps a company be socially accountable to itself, its stakeholders, and the public.

Hybrid Models

Approaches that combine elements from different methodologies, theories, or systems, often used in business strategies, computational simulations, or vehicle technology to optimize performance.

Social Entrepreneurship

A practice that aims to solve social problems and improve communities through innovative business models and ventures that prioritise social impact over profit.