Question #79554

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 = -20 Y = 10
X = 0 0.15 + c 0.3
X = 10 0.35 - c 0.2
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).

Expert's answer

Answer on Question #79554 – Math – Statistics and Probability

Question

Let XX and YY be discrete random variables whose possible values are X=0X = 0 and 10, and Y=20Y = -20 and 10.

The joint distribution of (Y,X)(Y, X) depends on the unknown parameter cc. The probabilities of the possible values are given in the cells of the following table:


Y=20Y=10Y = -20 \quad Y = 10X=00.15+c0.3X = 0 \quad 0.15 + c \quad 0.3X=100.35c0.2X = 10 \quad 0.35 - c \quad 0.2


a) You know that E(4X+Y)=13E(4X + Y) = 13. What is the value of cc? 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 cc in your expressions).

Solution

We have


E(4X+Y)=(40+(20))P(X=0,Y=20)+(40+10)P(X=0,Y=10)++(410+(20))P(X=10,Y=20)+(410+10)P(X=10,Y=10)==20(0.15+c)+100.3+20(0.35c)+500.2=1740c\begin{array}{l} E(4X + Y) = (4 \cdot 0 + (-20)) P(X = 0, Y = -20) + (4 \cdot 0 + 10) P(X = 0, Y = 10) + \\ + (4 \cdot 10 + (-20)) P(X = 10, Y = -20) + (4 \cdot 10 + 10) P(X = 10, Y = 10) = \\ = -20 \cdot (0.15 + c) + 10 \cdot 0.3 + 20 \cdot (0.35 - c) + 50 \cdot 0.2 = 17 - 40c \end{array}


From E(4X+Y)=13E(4X + Y) = 13 then 1740c=1317 - 40c = 13, and


c=0.1.c = 0.1.


Answer: 0.1.

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