Hi there, Could someone please break down the steps to finding the roots of the following equation? Thanks a lot, Tom 210x(1-x)^3(1-3x)
is it \(210*x\left(1-x\right)^3 \left(1-3x\right) = ?\) or \( f(x) = 210*x\left(1-x\right)^3 \left(1-3x\right)\)
The equation will be equal to zero if either x=0 or (1-x) is equal to zero or (1-3x) is equal to zero. Thus we get, x can be equal to zero or 1 or 1/3. ( By solving the 3 above components for zero)
Another way of solving for mode is to use constraint maximization of two variables i.e. if \( X \sim Beta(3,5) \) then the mode of \(X\) is the solution of the problem \begin{align*} \max_{x\in (0,1)}& B(3,5)x^2(1-x)^4 \\ & \Leftrightarrow \\ \max_{x,y\in (0,1)}& x^2y^4 \quad st. x+y=1\\ & \Leftrightarrow \\ \max_{x,y\in (0,1)}& 2\ln(x)+4\ln(y) \quad st. x+y=1\\ \end{align*} Now by plotting the level curves of both the function and the constraint, we see the solution satisfies the following equations: \(\dfrac{y}{2x} = 1 \leftrightarrow y = 2x\) \( x+y = 1\) This gives \( (x^*,y^*) = (1/3,2/3) \) therefore mode of \(X\) as \(1/3\)