A shipping company handes containers in three different sizes: (1) 27 t (a 3), (2) 125 t, and (3) S12 . Letx,1. 2, 3) denote the number of type i containers shipped during a given week. Wwith EX) and aVX), suppose that the mean values and standard deviations are as follows: 210 -240 140 11 1D (a) Assuming that X K are independent, calculate the expected value and variance of the total volume shipped. [Hint: Velume= 27x, 125x, - s12x,) espected value variance (b) Would your calculations necessarily be correct if the Xs were not independent? Explain. O Neither the expected value nor the variance would be correct. O The expected value would be conect, but the variance would not be comect O Both the expected value and the variance would be corect. O The expected value would not be comect, but the variance would be comect. Need Help? ead

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A shipping company handles containers in three different sizes: (1) 27 ft3 (3 x 3 x 3), (2) 125 ft³, and (3) 512 ft3. Let X; (i = 1, 2, 3) denote the number of type i containers shipped during a given week. With u; = E(X;) and o,? = V(X;), suppose that the mean values and standard deviations are as follows:
H = 210 H, = 240
H3 = 140
o, = 11
02 = 13
o3 =8
(a) Assuming that X,, X,, X3 are independent, calculate the expected value and variance of the total volume shipped. [Hint: Volume = 27x, + 125x, + 512x3.]
expected value
O ft3
variance
ft6
(b) Would your calculations necessarily be correct if the X's were not independent? Explain.
O Neither the expected value nor the variance would be correct.
O The expected value would be correct, but the variance would not be correct.
O Both the expected value and the variance would be correct.
O The expected value would not be correct, but the variance would be correct.
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Transcribed Image Text:A shipping company handles containers in three different sizes: (1) 27 ft3 (3 x 3 x 3), (2) 125 ft³, and (3) 512 ft3. Let X; (i = 1, 2, 3) denote the number of type i containers shipped during a given week. With u; = E(X;) and o,? = V(X;), suppose that the mean values and standard deviations are as follows: H = 210 H, = 240 H3 = 140 o, = 11 02 = 13 o3 =8 (a) Assuming that X,, X,, X3 are independent, calculate the expected value and variance of the total volume shipped. [Hint: Volume = 27x, + 125x, + 512x3.] expected value O ft3 variance ft6 (b) Would your calculations necessarily be correct if the X's were not independent? Explain. O Neither the expected value nor the variance would be correct. O The expected value would be correct, but the variance would not be correct. O Both the expected value and the variance would be correct. O The expected value would not be correct, but the variance would be correct. Need Help? Read It
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