28. The season average price per pound, p, and total season quantity sold, q, of sweet cherries...
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28. The season average price per pound, p, and total season quantity sold, q, of sweet cherries in a regional market can be represented as the outcome of a bivariate random variable (P, Q) with the joint probability density function I(p, q) = .5qe-ql.S+plIIO,ool(q)IIO,ool(P), where p is measured in dollars, and q is measured in millions of pounds.
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Mathematical Statistics For Economics And Business
ISBN: 9780387945873
1st Edition
Authors: Ron C. Mittelhammer
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