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Use Table 7.2 to determine the distribution ofi=1nXi when X1,,Xnare independent and identically distributed exponential random variables, each having mean1/.

Short Answer

Expert verified

The identically distributed exponential random variables value areXi~Gamma(n,).

Step by step solution

01

Given Information

Determine the distribution ofi=1nXi,whenX1,,Xnare independent.

02

Explanation 

We have that X1,,Xnhave distribution Expo()and that they are independent.

So, they have all common MGF

M(t)=-t

Define Y=i=1nXiwe have that,

MY(t)=EetY=Eeti=1nXi=i=1nEetXi=M(t)n.

03

Explanation 

Where the third and fourth equality hold since variablesXiare independent and equally distributed.

So, we have that,

MY(t)=-tn

Now, using the calculated MGF of Y, we can recognize that Y has Gamma distribution with parameters n and .

04

Final answer

We can recognize that Y has Gamma distribution with parameters nandvalue areXi~Gamma(n,).

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