Question: *******Please solve Var(x) and Var (y) for B and D, I have already answered the rest The American Housing Survey reported the following data on
*******Please solve Var(x) and Var (y) for B and D, I have already answered the rest
The American Housing Survey reported the following data on the number of bedrooms in owner-occupied and renter-occupied houses in central cities.
| Number of Houses (1000s) | ||
| Bedrooms | Renter-Occupied | Owner-Occupied |
| 0 | 546 | 21 |
| 1 | 5,112 | 541 |
| 2 | 6,100 | 3,832 |
| 3 | 2,544 | 8,690 |
| 4 or more | 558 | 3,783 |
Round your answers to two decimal places.
a. Ifx= number of bedrooms in renter-occupied houses and develop a probability distribution for the random variable. (Letx= 4 represent 4 or more bedrooms.)
| x | f(x) |
| 0 | 0.04 |
| 1 | 0.34 |
| 2 | 0.41 |
| 3 | 0.17 |
| 4 | 0.04 |
| Total | 1.00 |
b. Compute the expected value and variance for the number of bedrooms in renter-occupied houses.
| Total | |
| E(x) | 1.83 |
| Var(x) | ??? |
c. Ify= number of bedrooms in owner-occupied houses and develop a probability distribution for the random variable. (Lety= 4 represent 4 or more bedrooms.)
| y | f(y) |
| 0 | 0 |
| 1 | 0.03 |
| 2 | 0.23 |
| 3 | 0.52 |
| 4 | 0.22 |
| Total | 1 |
d. Compute the expected value and variance for the number of bedrooms in owner-occupied houses.
| Total | |
| E(y) | 2.93 |
| Var(y) | ??????? |
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