Joint probability density function

Assignment Help Business Economics
Reference no: EM132184450

Suppose that X and Y are jointly continuous with joint probability density function.

2e-(x+2y), for x>0, y>0

f(x,y)=

0, else.

Show that X and Y are independent random variables and provide their marginal distributions.

Reference no: EM132184450

Questions Cloud

What are the lower and upper bounds of confidence interval : What are the lower and upper bounds of your confidence interval?
What in the speech speaks to you : What does the section tell you about Barack Obama, the candidate and/or the President?
?what is the value of the test statistic : What is the value of the test statistic? What is the P-value?
Find the probability that among 20 randomly selected adults : Find the probability that among 20 randomly selected adults, exactly 12 use tax preparers to file their taxes.
Joint probability density function : Suppose that X and Y are jointly continuous with joint probability density function.
Estimate the mean cholesterol levels of patients : You wish to estimate the mean cholesterol levels of patients two days after they had a heart attack.
Describe the relation between virtue and pleasure : How does Aristotle describe the relation between virtue and pleasure? Give and explain one direct quote from the reading as part of your response.
Calculate the mean and the standard deviation : Exam Grade Number of Students 7 1 6 4 5 4 4 4 3 4 Calculate the Mean and the Standard deviation for these scores.
What is your opinion of the latter : From what you've learned about cultural relativism and applied anthropology, what is your opinion of the latter? Is it ethical? Explain.

Reviews

Write a Review

 

Business Economics Questions & Answers

  Fiscal decision involves opportunity costs

The United States has accrued a public debt of over $19 trillion over the course of its history, which is equivalent to slightly more than the annual nominal GDP of the nation. Come up with and explain at least two ideas in terms of how to reduce the..

  The production function for hamburger heaven

The production function for Hamburger Heaven (HH) is q=10KL. Given that the marignal product of labor, MPL = 10K, marginal product of capital, MPK = 10L, and marginal rate of technical substitution (MRTS = MPL MPK ). How much labor HH should employ t..

  The university is seeking a grants to cover capital cost

A university spent $1.8 million to install solar panels atop a parking garage. These panels will have a capacity of 500kw, have a life expectancy of 20 years and suppose the discount rate is 10%. If efficient systems operate for 2400 hours per year, ..

  Straight-line depreciation

Instead, it lasted 4 years, and several workers were permitted to take it apart on their own time for gain, loss, or recaptured depreciation is there?

  Approximate dollar price for which you could sell your bond

Assume that three years ago, you purchased a corporate bond that pays 5.50 percent. The purchase price was $1,000. Also assume that three years after your bond investment, comparable bonds are paying 6.00 percent. What is the annual dollar amount of ..

  Derive the iso-quant curve for firm

Derive the Iso-quant curve for this firm. Derive the Expansion path for the firm if w=1 and r=3. Derive the long run cost function if w=1 and r=3. What is the optimal capital and labor if you want to produce 500 units of output?

  Business cycles are unpredictable

Which of the following facts is NOT true? Business cycles are unpredictable. As output falls, inflation increases. Business cycles come at irregular intervals. As output increases, cyclical unemployment decreases

  Equilibrium wage and quantity of employment

During the 1970s the postwar baby boomers reached working age, and it became more acceptable for married women with children to work. predict how this increase in the number of working is likely to affect the equilibrium wage and quantity of emplo..

  Competitive market without government regulations

The language of price controls Suppose that, in a competitive market without government regulations, the equilibrium price of hamburgers is $7 each. Complete the following table by indicating whether each of the statements is an example of a price ce..

  Quantity in comparison to the beginning price and quantity

Beetle infestation decimates tobacco crop. Market: cigars. which curve (s) shifted, explain why it shifted (factor), in which direction (right or left), and what is the resulting equilibrium price and quantity in comparison to the beginning price and..

  Price elasticity of demand between points and isinelastic

Suppose the price of bippitybops is currently $120 per bippitybop, shown as point A on the initial graph. Because the price elasticity of demand between points A and B isinelastic , a $15-per-bippitybop decrease in price will lead to NO CHANGE? in to..

  Investment affect the marginal physical product of labor

How does capital (physical) investment affect the marginal physical product of labor?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd