Question
1.) Suppose that X and Y are bivariate normal random variables such that E[X] = 12, V[X] = 5, E[Y] = 1, V[Y] = 9,
1.) Suppose that X and Y are bivariate normal random variables such that E[X] = 12, V[X] = 5, E[Y] = 1, V[Y] = 9, and = 0.6.
Answer the following questions about this distribution:
(a) What is P(X 9)?
(b) What are E[X | Y = 0] and V[X | Y = 0]?
(c) What is P(X > 13 | Y = 0)?
(d) What are E[X | Y = 6] and V[X | Y = 6]?
(e) What is P(X > 13 | Y = 6)?
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Transportation A Global Supply Chain Perspective
Authors: John J. Coyle, Robert A. Novak, Brian Gibson, Edward J. Bard
8th edition
9781305445352, 1133592961, 130544535X, 978-1133592969
