joint probability, Basic Statistics

Assignment Help:
Two construction contracts are to be randomly assigned to one or more of three firms. Numbering the firms I, II, and III, let X1 be the number of contracts assigned to firm I, and let X2 be the number assigned to firm II. (A firm may receive more than one contract.)
a). Find the joint probability distribution for X1 and X2.
b). Find the marginal distribution for X1. c). Find P(X1 = 1|X2 = 1).

Related Discussions:- joint probability

Cost of preference sharea, A company wishes to issue new preference shares;...

A company wishes to issue new preference shares; the company will incur flotation cost of 2% per share. the market value of this shares is $90 per share & a nominal value of $100 p

Illustrative statistics with statistics, Company statistics is the technolo...

Company statistics is the technology of good selection in the face of concern and is used in many professions such as financial statistics, econometrics, auditing, generation and f

Quota sampling, what the advantages of quota sampling

what the advantages of quota sampling

Mathematical theory in otc, All parts should be answered as briefly as poss...

All parts should be answered as briefly as possible (quality not quantity!). A few sentences will suffice. Just get your opinions across succinctly. Unnecessarily long answers will

State the model and apply t-test, Studies have linked brain size in infants...

Studies have linked brain size in infants and toddlers to a number of future ailments, including autism. One study looked at the brain sizes of 30 autistic boys and 12 nonautistic

How to calculate mode?, Mode Mode, M is the value that has the largest ...

Mode Mode, M is the value that has the largest number of occurrence or frequency in a data set, for instance, given the following data:  11 15 16 12 15 19 17 15 we can se

Quantitative techniques and decision making, Let the national income model ...

Let the national income model be: Y= c+1+G C=20+0.6y I=0.2y G=20 Where y= income, C= consumption, I= investment and G=government expenditure find y, C and I from the model. By quan

Rehearsal methods, A teacher is interested in comparing the effects of 3 di...

A teacher is interested in comparing the effects of 3 different parts of rehearsal methods (Rote rehearsal, Imagery, and Story) on number of words recalled. Participants are random

Write Your Message!

Captcha
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