Refer to Exercise 7 45 In exercise 7 45 The following table lists the bivariate distribution of X and Y a Determine the distribution of X Y b Determine the mean and variance of X Y c Does your answer to part (b) equal the answer to Exercise 7 45 2 5 1 1 3 2 ...

Refer to Exercise 7.45. In exercise 7.45 The following table lists the bivariate distribution of X and

Question:

Refer to Exercise 7.45.

In exercise 7.45

The following table lists the bivariate distribution of X and Y .

х 2 .5 .1 .1 .3 2.

a. Determine the distribution of X + Y .

b. Determine the mean and variance of X + Y .

c. Does your answer to part (b) equal the answer to Exercise 7.45?

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...