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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. p(x,y) 0 0.025 0.015 0.050 0.030 0.050 0.075 0.150 0.090 0.060 0.100 0.060 0.040 0.050 0.030 0.095 Compute the expected revenue from a single trip. (Round your answer to two decimal places.) $17.47 x x 0 1 2 3 4 у 1 5 2 0.010 0.020 0.050

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. p(x,y) 0 0.025 0.015 0.050 0.030 0.050 0.075 0.150 0.090 0.060 0.100 0.060 0.040 0.050 0.030 0.095 Compute the expected revenue from a single trip. (Round your answer to two decimal places.) $17.47 x x 0 1 2 3 4 у 1 5 2 0.010 0.020 0.050

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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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. у 1 2 0.010 0.015 0.030 0.020 0.075 0.050 0,090 0.060 0.060 0.040 0.030 0.095 Compute the expected revenue from a single trip. (Round your answer to two decimal places.) $17.47 x p(x,y) X 0 1 2 3 4 5 Need Help? Bed Road t 0 0.025 0.050 0.050 0.150 0.100 0.050
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. у 1 2 0.010 0.015 0.030 0.020 0.075 0.050 0,090 0.060 0.060 0.040 0.030 0.095 Compute the expected revenue from a single trip. (Round your answer to two decimal places.) $17.47 x p(x,y) X 0 1 2 3 4 5 Need Help? Bed Road t 0 0.025 0.050 0.050 0.150 0.100 0.050
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