The random variable X has probability distribution Pr(X 0) 0 7 and Pr(X 1) 0 3 The random variable Y has probability distribution Pr(Y 0) 0 3 and Pr(Y 1) 0 7 Find the distribution of X conditional on Y 0 Suppose the above random variables are independent Find the joint distribution and the requeste...

Because the random variables are independent we can find the joi ...

The random variable X has probability distribution Pr(X = 0) = 0.7 and Pr(X = 1) =

Question:

The random variable X has probability Pr(X = 0) = 0.7 and Pr(X = 1) = 0.3. The random variable Y has probability Pr(Y = 0) = 0.3 and Pr(Y = 1) = 0.7. Find the of X conditional on Y = 0.
Suppose the above random variables are independent. Find the joint and the requested conditional from the given marginal distributions.
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...