Question: 30. Exercise 22 in Chapter 5 introduced random variables X and Y, the number of cars and buses, respectively, carried by a ferry on a

30. Exercise 22 in Chapter 5 introduced random variables X and Y, the number of cars and buses, respectively, carried by a ferry on a single trip. The joint pmf of X and Y is given in the table in Exercise 7 of Chapter 5. It is readily veri ed that X and Y are independent.

a. Compute the expected value, variance, and standard deviation of the total number of vehicles on a single trip.

b. If each car is charged $3 and each bus $10, compute the expected value, variance, and standard deviation of the revenue resulting from a single trip.

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