explain the questions well.... no handwritten answers.. THIS IS A COMPLETE QUESTION

Problem A bookstore at the HartseldJackson Airport in Atlanta sells reading materials {paperback books, newspapers. magazines} as well as snacks (peanuts, pretzels, candy, etc}. A pointofsale terminal collects a variety of intonnation about customer purchases. Shown beloylr is a table showing the number of snack items and the number of items of reading material purchased by the most recent EDD customers. Reading Material 0 [I t} 13 Snacks 1 240 9|} 3!] I lit) ED 12 a. Using the data in the table consttuct an empirical discrete biyariate probability distribution for x = number of snack items and y = number of reading materials in a randomly selected customer purchase. What is the probability of a customer purchase consisting of one item of reading materials and two snack items? What is the probability of a customer purchasing one snack item only? Why is the probability for = i]. y = D} = t]? b. Show the marginal probability distribution for the number of snack items purchased. Compute the expected value and yanance Taking in consideration the human capital growth model with the representative consumer. The efciency parameter of human capital accumulation technologyr is la. The total productivity factor is given by z = 1.5. Denote by Ht the human capital accumulated in period t, and by u the time spent working in period t. Assume the initial human capital is H0 = 1. Now, assume the consumer has to choose between {u1, loll = {0.9, 143.35] and {u2, b2] 2 {0.3, 5.20]. 1. Using the predictions of the Endogenous r(Eurovvth Model for the consumption path, 1.Ivhich set of (u, b] will you recommend to the consumer in the long term. 2. After how manyr years is your recommendation valid? 4. Human Capital Accumulation Consider our basic, two-period model of Human Capital Accumulation. That is, the individual is born with some level of human capital, Hi, and must decide in each period t = 1,2 what fraction of time they should invest in human capital accumulation 0 0, 0