File | C:/Users/ZULAIYA/Desktop/START-MBA/05%20Discrete%20Probability%20Distributions.pdf + | Page view | A Read aloud | [T) Add text | V Draw ~ Highlight Erase 2018/2019 Question 5 Investment products have different probabilities of success. A businessman wishes to invest in two different products, X and Y. The following table shows the probability distributions, where P(x, y) represents the probability of success of the ith investment of X and the ith investment of Y, for the values (in thousands of GHe) for X and Y invested in 4 different years. X 3 2 5 Y 6 4 3 2 P(x, y) 0.3 0.2 0.4 0.1 Base on this information: (a) Which of the investments has a better return and why? (b) Which of the investments is relatively less risky and why? What type of association exists between the two-investment options X and Y? Interpret your results. 5-19