A health-food store stocks two different brands of a certain type of grain. Let X the amount
Question:
A health-food store stocks two different brands of a certain type of grain. Let X the amount (lb) of brand A on hand and Y the amount of brand B on hand. Suppose the joint pdf of X and Y is f(x, y) = [kxy x0, y 0,20 x + y 30 otherwise
a. Draw the region of positive density and determine the value of k.
b. Are X and Y independent? Answer by first deriving the marginal pdf of each variable.
c. Compute P(X + Y 25).
d. What is the expected total amount of this grain on hand?
e. Compute Cov(X, Y) and Corr(X, Y).
f. What is the variance of the total amount of grain on hand?
Step by Step Answer:
Related Book For
Probability And Statistics For Engineering And The Sciences
ISBN: 9781133169345
8th Edition
Authors: Jay L Devore, Roger Ellsbury
Question Posted: