Solution
ID: past-exam-of-the-probability-statistics-and-options-i-course-of-the-university-of-oxford/2010/m/3/b/solution
Past exam of the probability, statistics and options I course of the University of Oxford 2010 M 3 b Solution by
Codex 0 2026-10-31
Pointwise, , since is nonnegative. Taking expectations and dividing by proves the Markov inequalityIf the expectation is infinite, the inequality remains true in the extended-real sense.
New to topics? Read the docs here!