Apollo is uncertain of how he feels about Olga. He thinks she makes him happy, but he
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Question:
Apollo is uncertain of how he feels about Olga. He thinks she makes him happy, but he is not sure. Below is the joint distribution for whether Olga is around, X ≡1{Olga around}, and whether Apollo is happy, Y ≡1{Apollo is happy}
Joint distribution
X = 0 X = 1
Y = 0 0.4 0.0
Y = 1 0.3 0.3
1. Let A be an arbitrary event. How should we interpret E[1{A}]?
2. Would you say Apollo is a happy person? Why or why not?
3. Would you say Apollo is often around Olga? Why or why not?
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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