Question: With reference to Exercise 3.101, In exercise Suppose that P, the price of a certain commodity (in dollars), and S, its total sales (in 10,000

With reference to Exercise 3.101, 

In exercise

Suppose that P, the price of a certain commodity (in dollars), and S, its total sales (in 10,000 units), are random variables whose joint probability distribution can be approximated closely with the joint probability density

fp.s)-5pe-or 0.20p040,s 0 rp,s) =to elsewhere

Find 

(a) The marginal density of P; 

(b) The conditional density of S given P = p; 

(c) The probability that sales will be less than 30,000 units when p = 25 cents.

fp.s)-5pe-or 0.20p040,s 0 rp,s) =to elsewhere

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