(+2) Each month, a manufacturer stocks one warehouse with good a and two ware- houses with...
A) Each month, a manufacturer stocks one warehouse with good x and two warehouses with good y. Monthly sales for x and y (as fractions of a full warehouse) are then random, described by the following joint density: Find k to make f(x, y) a legitimate density function. B) For the joint density given in part B, find Cov(X, Y ) and Corr(X, Y ). IMPORTANT: If you're going to write please make sure your writing is neat/easy to read...
ALL OF QUESTION 3 Question 3: Two components in a personal computer system have lifetimes (in years) that are distributed with a joint probability density function given by fx.Y(,y e-#(1+v), 0 < r,0 y, 0, otherwise (a) (3 marks). Find fx(x) (b) (3 marks). Find fy(y) (c) (3 marks). Find the probability that the lifetime of at least one com ponent exceeds 2 years. Question 4 Question 3: Two components in a personal computer system have lifetimes (in years) that...
Each firm produces both goods, i.e., good 1 and good 2. Each firm takes the market prices p 0 and p2 2 0 as firm produces T units of good 1 and x2 units of good 2, with (xi, x2) the total costs of C(x.x) = 2i+0.5«% given and chooses output to maximize profits.1 If a R2, it has 1200 (a) (1 point ) For given prices p1 and p2, find the revenue, R(x1, x2), of a single firm (b)...
Please give detailed steps. Thank you. 2. Consider the following joint distribution of two discrete variables X and Y: fx,y(x, y) 01 2 3 お88 Recall that the marginal distribution of X is defined as: fx(x) and the marginal distribution of Y is defined as fy(v) -xf(i) Find fx(x) and fy(y) in the support of X and Y (or in simpler terms, find 1), P(Y = 0), P(Y-1), P(Y-2) and P(Y P(X-0), P(X 3)) b. The conditional density of Y...
GOOD FOODS, INC.: “Introduction of Electrical Appliances” Good Foods, Inc., primarily a food manufacturer, was considering a long range plan to undertake the manufacturing and marketing of small electrical appliances. Product Lines: Good Foods marketed a wide range of food products. Among the best known were the “Ann Anderson” line of cake, frosting, and brownie mixes. Good Foods also marketed a number of cereals, flour products, frozen and refrigerated foods. The name “Ann Anderson” was one of Good Foods’ prime assets. It...
Question 2 (20 points) A consumer purchases two goods x ano y. The consumer's income is 1. Hi S income is 1. His utility is given by is * and y. Px is the price of x. Py is the price of a) Calculate consumer's optim U(x,y) = xy s optimal choice of x and y under his budget.hu uncompensated demand) b) Derive the indirect utility function. c) Are these two goods normal goods? Why d) Derive the expenditure function....
this is the entire question this is all the information given 2. Consider a pure exchange economy with two goods, wine (x) and cheese (y) and two con- sumers, A and B. Let cheese be the numeraire good with price of $1. Consumer A's utility function is UA(x, y) = 2.c + y and B's utility function is UB(x, y) = xy. A's initial allocation is 10 units of c and 0 units of y. B's initial allocation is 0...
Show your work for each problem. 1) The probability of a driver will have an accident in 1 month equals .02. Find the probability that in 100 months he will have at least one accident. Find the solution exactly and approximately using another distribution. 2) Let X(t) Acoswt 120 where w is a constant and A is a uniform random variable over(0,1). The autocorrelation R, (5,1) is a) b) Coswt - s) cos(ws) cos(wt) 3 دیا 3) Suppose the probability...
QUESTION 2 [25 marks] Figure 2 depicts a thin plate where its shape is the region, R bounded by the graphs y 3 and yx2. If the density distribution function of a thin plate is given by p(x, y) -1 2y 6x2, show the fastest way to find the centre of mass. Note: show your detailed calculation steps. a) (12 marks) -4 -2 Figure 2 b)x, y)represents a velocity field of a fluid over a surface S defined by z...
Ques SD card memory cards for mobile phones, Speedco Manufacturing manufactures 2 l ick pe con to www the data) Read the requirements tal cameras and other devices Price forar g 200.000 per month are as follows Requirement 1. What is the company's coronari per contribution margin percentage ou contraen man Begin by dealing the formula i Data Table Requirements 25.00 Sales price per unit current monthly sales volumes 110.000 ) Variable costs per unit: Direct materials Vrate manufacturing overhead...