Enter the following table in to Excel y |f(x,y) 50 80 .2 50 5 30 40 60 .3 Round to the nearest whole number. Compute the covariance between x and y. 100 Compute the expected value of x+y

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Compute the expected value of x+y.

Question 15
Enter the following table in to Excel
y
f(x,y)
80
50
30
40
50
60
Round to the nearest whole number.
Compute the covariance between x and y. 100
Compute the expected value of x+y
253
Transcribed Image Text:Question 15 Enter the following table in to Excel y f(x,y) 80 50 30 40 50 60 Round to the nearest whole number. Compute the covariance between x and y. 100 Compute the expected value of x+y 253
Expert Solution
Step 1

Based on the provided information, the probability distribution for X and Y is given below:

x y f(x,y)
50 80 0.2
30 50 0.5
40 60 0.3

The probability distribution for X+Y is obtained as given below:

Px+y=130=PX=50,Y=80=0.2

In similar way, the remaining values are obtained.

x+y P(x+y)
130 0.2
80 0.5
100 0.3
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