Let Y have the density function f(y) = ke−2y for all y > 0 and zero everywhere else. Find the value of k that makes f(y) a probability density function.
a. Calculate P(0.5 ≤ Y ≤ 1) and P(0.5 ≤ Y < 1).
b. Calculate P(0.5 ≤ Y ≤ 1|Y ≤ 0.75) and P(0.5 ≤ Y ≤ 1|Y < 0.75).
Let Y have the density function f(y) = ke−2y for all y > 0 and zero...
4. Let X and Y have joint probability density function ke 12-00o, 0< y< oo 0, otherwise where k is a constant. Calculate Cov(X, Y).
(1 point) 1. (Old Quiz Question) Let X and Y have the joint probability density function for 0 x elsewhere f(x, y)={1 f(x, y) = 1,08 ysl 0 (a) Calculate P(X - Y < 0.5) (b) Calculate P(XY <0.25) (c) Find P(X 0.75 IXY 〉 0.25)
(1 point) Let x and y have joint density function p(2, y) = {(+ 2y) for 0 < x < 1,0<y<1, otherwise. Find the probability that (a) < > 1/4 probability = (b) x < +y probability =
(1 point) 1. (Old Quiz Question) Let X and Y have the joint probability density function 1 for 01,0 y< 1 0 elsewhere (a) Calculate P(X-Y < 0.5) (b) Calculate PXY 0.25) (c) Find P(X 0.75|XY>0.25)
5. Let X and Y have joint probability density function of the form Skxy if 0 < x +y < 1, x > 0 and y > 0, f(x,y)(, y) = { 0 otherwise. (a) What is the value of k? (b) Giving your reasons, state whether X and Y are dependent or independent. (c) Find the marginal probability density functions of X and Y. (d) Calculate E(X) and E(Y). (e) Calculate Cov(X,Y). (f) Find the conditional probability density function...
Problem 2: Let Y be the density function given by f(y) = 1.5, -1<y < 0, { 1-cy, 0 <y <1 10, elsewhere. (1) Find the value of c that makes f(y) a density function. (2) Find Fy). (3) Compute Pr(-0.5 <Y <0.5) (4) Graph f(y) and F(y) in the same rectangular coordinate system. (5) Find the expected value u = E[Y]. (6) Find the variance o2 = Var(Y) and the standard deviation o of Y.
1. Let X and Y have the joint density function given by zob to todos f(x, y) = {kxy) of 50<x< 2, 0 <y<3.) i 279VHb yodmu : 1093 otherwise a) Find the value of k that makes this a probability density function. TO B 250 b) Find the marginal distribution with respect to y. 0x11 sono c) Find E[Y] d) Find V[Y]. X10 sulay boso 50
An insurance policy covers losses X and Y which have joint density function 24y f(x,y) , y>0. (a) Find the expected value of X (b) Find the probability of a payout if the policy pays X + 2Y subject to a deductible of 1 on X and 1 on 2Y. (c) Find the probability of a payout if the policy pays X +2Y subject to a deductible of 2 on the total payment X + 2Y
An insurance policy covers...
Problem 1. Let Y be the density function given by f(y) = 1/5, −1 < y ≤ 0, 1/5 + cy, 0 < y ≤ 1 0, elsewhere. 1. Find the value of c that makes f(y) a density function. 2. Compute the probability P (−1/2 ≤ Y < 1/2) 3. Find the expected value µ and the standard deviation σ of
5. Let the joint probability density function of X and Y be given by, f(x,y) = 0 otherwise (a) Find the value of A that makes f (x, y) a proper probability density function (b) Calculate the correlation coefficient of X and Y. (c) Are X and Y independent? Why or why not?