Some Properties of Simple Functions of Random Variables

Anderson, Jock R.; Doran, Howard E.

doi:10.22004/ag.econ.10336

Some Properties of Simple Functions of Random Variables

Simple functions of random variables, such as sums, products, quotients and powers, arise in many applications in stochastic economics. It is sometimes convenient to determine the moments of such functions. Cases where this has been or can be done analytically are reviewed, and comments offered on procedures for when analysis fails.

Subject(s):

Research Methods/ Statistical Methods

Issue Date:

1978-04

Publication Type:

Journal Article

DOI and Other Identifiers:

10.22004/ag.econ.10336

Record Identifier:

https://ageconsearch.umn.edu/record/10336

PURL Identifier:

http://purl.umn.edu/10336