LEV function and survival function

Discussion in 'SP8' started by henrietta, Jul 19, 2012.

  1. henrietta

    henrietta Member

    Solution of Q&A 4.2 (top of page 2) says:

    LEV_x(x) = E(X ^x) = integral S_x(y) dy (from 0 to x).

    Is the equation missing a term " - x * S(x) " on the RHS?

    This term is in the formula given on page 12 of Palma's paper.

    Thanks.
     
  2. Ian Senator

    Ian Senator ActEd Tutor Staff Member

    Can't find the expression you refer to on page 12 of Palmer's paper. But I can see expressions with F(x) rather than S(x). Are you sure you're not mixing the two up?
     

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