The random variable X has probability distribution Pr(X = 0) = 0.4 and Pr(X = 1) =

Question:

The random variable X has probability distribution Pr(X = 0) = 0.4 and Pr(X = 1) = 0.6. The random variable Y has probability distribution Pr(Y = 1) = 0.2 and Pr(Y = 3) = 0.8. Find the distribution of X conditional on Y = 3.
Suppose the above random variables are independent. Find the joint distribution and the requested conditional distribution from the given marginal distributions.
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...
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Question Posted: