able belov. P(x.y) 2 0.025 0.015 0.010 0.050 0.030 0.020 0.055 0.075 0.050 0.150 0.090 0.060 0.100 0.060 0.040 0.050 0.090 te the expected revenue from a single trip. (Round your answer to two decimal places.) 0.030

MATLAB: An Introduction with Applications
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ISBN:9781119256830
Author:Amos Gilat
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Chapter1: Starting With Matlab
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Consider a small ferry that can accommodate cars and buses. The toll for cars is $3, and the toll for buses is $10. Let X and Y denote the number of cars and buses, respectively, carried on a single trip. Suppose the joint distribution of X and Y is as given
in the table below.
y
p(x.y)
1
0.025
0.015
0.010
0.050
0.030
0.020
0.055
0.075
0.050
3
0.150
0.090
0.060
4
0.100
0.060
0.040
5
0.050
0.030
0.090
Comoute the expected revenue from a single trip. (Round your ansver to two decimal places.)
Transcribed Image Text:Consider a small ferry that can accommodate cars and buses. The toll for cars is $3, and the toll for buses is $10. Let X and Y denote the number of cars and buses, respectively, carried on a single trip. Suppose the joint distribution of X and Y is as given in the table below. y p(x.y) 1 0.025 0.015 0.010 0.050 0.030 0.020 0.055 0.075 0.050 3 0.150 0.090 0.060 4 0.100 0.060 0.040 5 0.050 0.030 0.090 Comoute the expected revenue from a single trip. (Round your ansver to two decimal places.)
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