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For what value of 'k' (in terms of $X_{i}$'s) following  functions will attain their minimum value $\rightarrow$ 

  1. $F_{1}(k)$ = $\sum_{i=0}^{n} \left | X_{i} - k \right |$
  2. $F_{2}(k)$ = $\sum_{i=0}^{n}\left ( X_{i} - k \right )^{2}$


If possible, please provide some valid proof for supporting your answer ?

asked in Probability by Boss (12.1k points)
edited by | 59 views

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