Question: (15 pts) Determine whether the statement is true or false. Explain your reasoning in detail. (a) (3 pts) If there are two events (A and


(15 pts) Determine whether the statement is true or false. Explain your reasoning in detail. (a) (3 pts) If there are two events (A and B), P(B|A)=P(A|B) is irnposible. (b) (3 pts) Suppose that, in a small town of 50 people, one person earns $5,000,000 per year and the other 49 each earn $30,000. Median is better measurement to explore the income inequality in the small town. (c) (3 pts) If the two events are mutually exclusive, P(A and B)=P(A)*P(B). (d) (3 pts) X and Y are random variables. We have Cov(aX+b, cY+d)=acCov(X, Y), where a, b, c, and d are constants. (e) (3 pts) The number of dogs (X) per household in a. small town. The table shows a discrete distribution of X lnTlol-l'zlslzysl ' Probability ' 0.686 i 0.195 0.077 ' 0.022 ' 0.013 0.007
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