document.write( "Question 1034101: Suppose that x is a random variable with the possible values 1,2,and 3. Given that E(X^2)<=6, find the maxium possible value of E(X). \n" ); document.write( "
Algebra.Com's Answer #648734 by robertb(5830)\"\" \"About 
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Let p(1) = p, p(2) = q, and p(3) = 1 - p - q.\r
\n" ); document.write( "\n" ); document.write( "Now \"E%28X%5E2%29+=+1%5E2%2Ap%2B2%5E2%2Aq%2B3%5E2%2A%281-p-q%29+=+p%2B4q%2B9%281-p-q%29+=+9-8p-5q\".\r
\n" ); document.write( "\n" ); document.write( "Since \"E%28X%5E2%29+%3C=+6\", ==> \"9-8p-5q+%3C=6\" ==> \"8p%2B5q+%3E=+3\".\r
\n" ); document.write( "\n" ); document.write( "Also, there are other restrictions, like \"0+%3C=p%3C=1\", \"0+%3C=q%3C=1\", and \"p%2Bq+%3C=1\".\r
\n" ); document.write( "\n" ); document.write( "Now \"E%28X%29+=+1%2Ap%2B2%2Aq%2B3%2A%281-p-q%29+=+p%2B2q%2B3%281-p-q%29+=+3-2p-q\".\r
\n" ); document.write( "\n" ); document.write( "This now becomes a linear programming problem, namely,\r
\n" ); document.write( "\n" ); document.write( "Maximize \"E+=+3-2p-q\",
\n" ); document.write( "subject to
\n" ); document.write( "\"8p%2B5q+%3E=+3\",
\n" ); document.write( "\"p%2Bq+%3C=1\",
\n" ); document.write( "\"0+%3C=p%3C=1\", and
\n" ); document.write( "\"0+%3C=q%3C=1\".\r
\n" ); document.write( "\n" ); document.write( "Letting p be the horizontal axis, and q the vertical axis, using the graphical method, the region of feasibility is found to be a quadrilateral with the corner points (0,3/5), (0,1), (1,0), and (3/8,0).\r
\n" ); document.write( "\n" ); document.write( "Now...
\n" ); document.write( "E(0,3/5) = 2.4,
\n" ); document.write( "E(0,1) = 2,
\n" ); document.write( "E(1,0) = 1, and
\n" ); document.write( "E(3/8,0) = 2.25.\r
\n" ); document.write( "\n" ); document.write( "Therefore the maximum possible value of E(X) is \"highlight%282.4%29\", and happens when p(1) = 0, p(2) = 3/5, and p(3) = 2/5.\r
\n" ); document.write( "\n" ); document.write( "(This answer is also consistent with the upper and lower bounds for E(X). \"Var%28X%29%3E=0\" ==> \"E%28X%5E2%29+%3E=+%28E%28X%29%29%5E2\" ==> \"6%3E=+%28E%28X%29%29%5E2\" ==> \"sqrt%286%29+%3E=+E%28X%29+%3E=+-sqrt%286%29\". \"sqrt%286%29\" is around 2.4495 to 5 significant figures.)\r
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