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(a) Develop a bivariate probability distribution for quality and meal price of a randomly selected restaurant in this Canadian city. Let x= quality rating and y= meal price. (b) Compute the expected value and variance for quality rating, x. expected value variance (c) Compute the expected value and variance for meal price, y. expected value variance (d) The Var(x+y)=1.6596. Compute the covariance of x and y. What can you say about the relationship between quality and meal price? Is this what you would expect? Since the covariance is , we conclude that as the quality rating increases, so does the meal price. (e) Compute the correlation coefficient between quality and meal price. (Round your answer to four decimal places.) What is the strength of the relationship? Do you suppose it is likely to find a low-cost restaurant in this city that is also high quality? Why or why not? The relationship between quality and meal price is and it likely to find a low cost restaurant in this city that also has high quality