Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The joint probability distribution of X and Y is shown in the following table, where X=the number of houses sold by Xavier and Y=the number

image text in transcribedimage text in transcribed
The joint probability distribution of X and Y is shown in the following table, where X=the number of houses sold by Xavier and Y=the number of houses sold by Yasir. X Y 1 2 22 10 08 1 .25 .15 .10 2 .05 .03 .02 Note: . Use numbers only in your answer without any comas , symbols, or letters. Report numbers significant to three digits after the decimal point. For example , if the answer is &1,234.56789 write 1234.568. . If the answer is in percent, please write in proportions. i.e. if the answer is 12%, write it as 0.12. 1. What is the probability that both Xavier and Yasir will sell 1 houses? 2. What is the probability that Xavier will sell 1 house? 3. What is the probability that Xavier will sell 1 house, given that Yasir has sold two houses?4. Are sales by Xavier independent of Sales by Yasir? Yes as P(X=1/Y=2)=P(X=1) No because P(X=1/Y=2) is not equal to P(X=1)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Entrepreneurship

Authors: Andrew Zacharakis, William D Bygrave

5th Edition

1119563097, 9781119563099

Students also viewed these Mathematics questions

Question

Needed for nerve conduction, pH, and water balance?

Answered: 1 week ago