The following table gives the joint PDF of random variables X and Y, where X = the

Question:

The following table gives the joint PDF of random variables X and Y, where
X = the first-year rate of return (%) expected from investment A, and
Y = the first-year rate of return (%) expected from investment B.
RATES OF RETURN ON TWO INVESTMENTS

a. Find the marginal distributions of Y and X.
b. Calculate the expected rate of return from investment B.
c. Find the conditional distribution of Y, given X = 20.
d. Are X and V independent random variables? How do you know?

Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...