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Homework Help: Minimize E[|X-b|] where b is a con't rand. var.

  1. Sep 4, 2011 #1
    1. The problem statement, all variables and given/known data

    Let X be a continous random variable. What value of b minimizes E(|X-b|)? Give the derivation.

    2. Relevant equations

    3. The attempt at a solution
  2. jcsd
  3. Sep 5, 2011 #2


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    This is a duplicate of this thread:


    A quote from the rules: "Posting the same topic (or homework question) across multiple forums or multiple threads is considered spamming and is not allowed. (No cross-posting.)"
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