Question
*******Please solve Var(x) and Var (y) for B and D, I have already answered the rest The American Housing Survey reported the following data on
*******Please solve Var(x) and Var (y) for B and D, I have already answered the rest
The American Housing Survey reported the following data on the number of bedrooms in owner-occupied and renter-occupied houses in central cities.
Number of Houses (1000s) | ||
Bedrooms | Renter-Occupied | Owner-Occupied |
0 | 546 | 21 |
1 | 5,112 | 541 |
2 | 6,100 | 3,832 |
3 | 2,544 | 8,690 |
4 or more | 558 | 3,783 |
Round your answers to two decimal places.
a. Ifx= number of bedrooms in renter-occupied houses and develop a probability distribution for the random variable. (Letx= 4 represent 4 or more bedrooms.)
x | f(x) |
0 | 0.04 |
1 | 0.34 |
2 | 0.41 |
3 | 0.17 |
4 | 0.04 |
Total | 1.00 |
b. Compute the expected value and variance for the number of bedrooms in renter-occupied houses.
Total | |
E(x) | 1.83 |
Var(x) | ??? |
c. Ify= number of bedrooms in owner-occupied houses and develop a probability distribution for the random variable. (Lety= 4 represent 4 or more bedrooms.)
y | f(y) |
0 | 0 |
1 | 0.03 |
2 | 0.23 |
3 | 0.52 |
4 | 0.22 |
Total | 1 |
d. Compute the expected value and variance for the number of bedrooms in owner-occupied houses.
Total | |
E(y) | 2.93 |
Var(y) | ??????? |
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