Let f (x, y) = 24xy0 x 1, 0 y 1, 0
Question:
f (x, y) = 24xy0 ≤ x ≤ 1, 0 ≤ y ≤ 1, 0 ≤ x + y ≤ 1
and let it equal 0 otherwise.
(a) Show that f (x, y) is a joint probability density function.
(b) Find E[X].
(c) Find E[Y].
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 72% (18 reviews)
a We must sh...View the full answer
Answered By
Asim farooq
I have done MS finance and expertise in the field of Accounting, finance, cost accounting, security analysis and portfolio management and management, MS office is at my fingertips, I want my client to take advantage of my practical knowledge. I have been mentoring my client on a freelancer website from last two years, Currently I am working in Telecom company as a financial analyst and before that working as an accountant with Pepsi for one year. I also join a nonprofit organization as a finance assistant to my job duties are making payment to client after tax calculation, I have started my professional career from teaching I was teaching to a master's level student for two years in the evening.
My Expert Service
Financial accounting, Financial management, Cost accounting, Human resource management, Business communication and report writing. Financial accounting : • Journal entries • Financial statements including balance sheet, Profit & Loss account, Cash flow statement • Adjustment entries • Ratio analysis • Accounting concepts • Single entry accounting • Double entry accounting • Bills of exchange • Bank reconciliation statements Cost accounting : • Budgeting • Job order costing • Process costing • Cost of goods sold Financial management : • Capital budgeting • Net Present Value (NPV) • Internal Rate of Return (IRR) • Payback period • Discounted cash flows • Financial analysis • Capital assets pricing model • Simple interest, Compound interest & annuities
4.40+
65+ Reviews
86+ Question Solved
Related Book For
Question Posted:
Students also viewed these Statistics questions
-
Let the conditional p.d.f. of X given Y be g1(x|y) = 3x2/y3 for 0 < x < y and 0 otherwise. Let the marginal p.d.f. of Y be f2(y), where f2(y) = 0 for y 0 but is otherwise unspecified. Let Z = X/Y....
-
Let f: X Y be one-to-one and onto. Suppose that f is an open mapping. Then f has a continuous inverse f-1: Y X.
-
Let f: X Y be a linear homeomorphism (remark 2.12). Then there exists constants m and M such that for all x1, x2 X, m||x1 - x2|| || f (x1) - f (x2)|| M||x1 - x2||
-
(a) Find the Maclaurin series for the function f(x)= ln(1+x) and hence that for In(1+x) (b) By keeping the first four terms in the Maclaurin series for In(1+x) integrate the function In(1+x) from x =...
-
9.7, 4.6, 2.2, 3.7, 6.2, 9.4, 3.8 Identify the five-number summary and find the interquartile range.
-
Consider the given set of average annual household income levels of citizens of selected U.S. metropolitan areas in the file P3_6.XLS. Use Excel to obtain a simple random sample of size 15 from this...
-
Explain how basis risk arises in hedging.
-
The account balances of Wilford Towing Service at June 30, 2016, follow Equipment...........$ 17,500 Office Supplies ........... 1,300 Notes Payable........... 6,900 Rent Expense........... 800...
-
21. If A and B are any sets in M, show that AUB = AUB and AB CANB. Give an example showing that this last inclusion can be proper.
-
Specialty Products produces items that are of interest to a more upscale market. Their products include scented soaps, shampoos, and balms. In response to recent events, the company now produces hand...
-
The joint density of X and Y is given by (a) Are X and Y independent? If, instead, f (x, y) were given by (b) Would X and Y be independent? f(x, y) = 10 x 0,y> otherwise 2 0
-
The joint density function of X and Y is (a) Are X and Y independent? (b) Find the density function of X. (c) Find P{X + Y f(x,y)=Ix 0 < x < 1,0 < y < 1 + y otherwise
-
(a) If two sounds differ by 5.00 dB, find the ratio of the intensity of the louder sound to that of the softer one. (b) If one sound is 100 times as intense as another, by how much do they differ in...
-
How does human resource reflect on Information Literacy and Communication - Utilize appropriate current technology and resources to locate and evaluate information needed to accomplish a goal, and...
-
Find lim XxX 5x + 2x - 7 x + 3x Choose 1 answer:
-
Using the half precision (16 bit) floating point representation with 1 sign bit (S), 5 exponent bits (E), and 10 bits for the Fractional Significand (F), add the two values below. The exponent has a...
-
1. How much external financing is needed for a 25% increase in sales if Stansfield Corporation is currently operating at full capacity? Assume only costs and total assets increase with sales, with no...
-
Louis works at XZY Incorporated as a finance manager. Karen, his supervisor, is considering making a new investment. Karen wants the weighted average cost of capital (WACC) for his firm in order to...
-
What is meant by earnings per share?
-
A container holds 2.0 mol of gas. The total average kinetic energy of the gas molecules in the container is equal to the kinetic energy of an 8.0 10-3-kg bullet with a speed of 770 m/s. What is the...
-
Compute the probability of 9 successes in a random sample of size n = 20 obtained from a population of size N = 80 that contains 42 successes.
-
Compute the probability of 3 successes in a random sample of size n = 5 obtained from a population of size N = 40 that contains 25 successes.
-
Compute the probability of 8 successes in a random sample of size n = 15 obtained from a population of size N = 100 that contains 50 successes.
-
Following our lectures, what are the main components/approaches/procedures to cluster data? Describe where we use them and what are the advantages and disadvantages of them. Refer only to topics...
-
Read an article about region growing in big data we have to handle the problem of determining the seed as a starting point. Implement your own little region growing scenario (python, java, c++, c#,...
-
Problem 2 8 2 3 Calculate the condition number of the matrix: 2 5 1 using the infinity norm and the 1-norm. -3 16 For the calculation of inverse matrix use MATLAB built-in function. (10 points).
Study smarter with the SolutionInn App