Consequently ha is minimized at a m and its minimum value


A characterization of the mean, Consider a probability law with finite mean m. Define, for every real number a, h(a) = E[(x - a)2]. Show that h(a) = E[(x - m)2] + (m - a)2. Consequently h(a) is minimized at a = m, and its minimum value is the variance of the probability law.

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Basic Statistics: Consequently ha is minimized at a m and its minimum value
Reference No:- TGS02628664

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