1. Consider a ferry that can carry both buses and cars across a waterway. Each trip costs the owner approximately $12. The fee for cars is $2 and the fee for buses is $7. Let X and Y denote the number of buses and cars, respectively, carried on a given trip. The joint distribution of X and Y is given by Y/X 1 0.01 0.03 0.01 0.03 0.07 0.08 Y 2 0.03 0.06 0.06 0.07 0.13 0.07 4 0.12 0.03 0.04 0.08 0.02 0.06 A. Find the probability that there is exactly two cars and exactly one bus during a trip? B. What is the probability that there is almost one car and at most one bus during a trip? C. What is the probability that there is exactly one car during a trip? Exactly one bus? 5,

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1. Consider a ferry that can carry both buses and cars across a waterway. Each trip costs the
owner approximately $12. The fee for cars is $2 and the fee for buses is $7. Let X and Y
denote the number of buses and cars, respectively, carried on a given trip. The joint
distribution of X and Y is given by
Y/X
1
2
0.01
0.03
0.01
1
0.03
0.07
0.08
Y
0.03
0.06
0.06
0.07
0.13
0.07
0.12
0.03
0.04
0.08
0.02
0.06
A. Find the probability that there is exactly two cars and exactly one bus during a trip?
B. What is the probability that there is almost one car and at most one bus during a trip?
C. What is the probability that there is exactly one car during a trip? Exactly one bus?
Transcribed Image Text:1. Consider a ferry that can carry both buses and cars across a waterway. Each trip costs the owner approximately $12. The fee for cars is $2 and the fee for buses is $7. Let X and Y denote the number of buses and cars, respectively, carried on a given trip. The joint distribution of X and Y is given by Y/X 1 2 0.01 0.03 0.01 1 0.03 0.07 0.08 Y 0.03 0.06 0.06 0.07 0.13 0.07 0.12 0.03 0.04 0.08 0.02 0.06 A. Find the probability that there is exactly two cars and exactly one bus during a trip? B. What is the probability that there is almost one car and at most one bus during a trip? C. What is the probability that there is exactly one car during a trip? Exactly one bus?
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