Answer on Question #79554 – Math – Statistics and Probability
Question
Let X and Y be discrete random variables whose possible values are X=0 and 10, and Y=−20 and 10.
The joint distribution of (Y,X) depends on the unknown parameter c. The probabilities of the possible values are given in the cells of the following table:
Y=−20Y=10X=00.15+c0.3X=100.35−c0.2
a) You know that E(4X+Y)=13. What is the value of c? Use this value for the remainder of this question (if you're unable to find this value, for partial credit carry out the remaining calculations assuming it's unknown, i.e. keeping the symbol c in your expressions).
Solution
We have
E(4X+Y)=(4⋅0+(−20))P(X=0,Y=−20)+(4⋅0+10)P(X=0,Y=10)++(4⋅10+(−20))P(X=10,Y=−20)+(4⋅10+10)P(X=10,Y=10)==−20⋅(0.15+c)+10⋅0.3+20⋅(0.35−c)+50⋅0.2=17−40c
From E(4X+Y)=13 then 17−40c=13, and
c=0.1.
Answer: 0.1.
Answer provided by https://www.AssignmentExpert.com