$X_1$ takes values in $[0,1]$. Let $EX_1=p$. Prove:
$$E(e^{tX_1})\le e^{(e^t-1)p}$$
The Markov Inequality gives the contrary sign and MGF seems not work. Can I directly derive this inequation? Much thanks!
$X_1$ takes values in $[0,1]$. Let $EX_1=p$. Prove:
$$E(e^{tX_1})\le e^{(e^t-1)p}$$
The Markov Inequality gives the contrary sign and MGF seems not work. Can I directly derive this inequation? Much thanks!
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