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Per snapshot below, why is the yellow box coming into use? Why is it being used? What is it?
Basically I have no idea what why the idea of the yellow box is brought up. Thank you. No one
liner answers please.
Solution
T and N(T) both are random variables. E (N(t)|T=t) will give you the expected
value of N(T) when T has the value t. So we are keeping T fixed and varying N(T) for T=t and
calculating the expected value. Then to calculate E(N(T)) we are varying T and calculating the
expected value of E(N(t)|T=t)

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Per snapshot below, why is the yellow box coming into use Why is it.pdf

  • 1. Per snapshot below, why is the yellow box coming into use? Why is it being used? What is it? Basically I have no idea what why the idea of the yellow box is brought up. Thank you. No one liner answers please. Solution T and N(T) both are random variables. E (N(t)|T=t) will give you the expected value of N(T) when T has the value t. So we are keeping T fixed and varying N(T) for T=t and calculating the expected value. Then to calculate E(N(T)) we are varying T and calculating the expected value of E(N(t)|T=t)