Expectation of $x^n$ when $x$~$U[0,1]$

144 Views Asked by At

I'm trying to follow along with my textbook on Auction Theory, but don't understand one of the steps. I don't see how they got $E[x^N] = 1/(N+1)$ in the final step. Please see the linked image below. Any help is greatly appreciated, thanks so much! Image here

1

There are 1 best solutions below

0
On

Note:

$$E(X^n)=\int_0^1 t^n \ dt$$