Continuation of Exercise 5-49. Determine the following: (a) Marginal probability distribution of X (b) Conditional probability distribution

Question:

Continuation of Exercise 5-49. Determine the following:
(a) Marginal probability of X
(b) Conditional probability of Y given X = 1
(c) X(Y|X = 1)
(d) P(Y < 0.5|X = 1)
Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...