i = 1, 2, 3) denote the number of type i containers shipped during a given week. With 4, = E(X) and a, = V(X,), suppose that %3D the mean values and standard deviations are as follows: 4 = 200 H2 = = 250 = 100 H3 = 1 = 11 2 = 13 o3 = = 8 (a) Assuming that X,, x, X, are independent, calculate the expected value and variance of the total volume shipped. [Hint: Volume = 27x, + 125X, + 512X3.] expected value ft3 variance ft6 (b) Would your calculations necessarily be correct if the X's were not independent? Explain. Neither the expected value nor the variance would be correct. Both the expected value and the variance would be correct. The expected value would be correct, but the variance would not be correct. The expected value would not be correct, but the variance would be correct. Need Help? Read It

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
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Chapter1: Starting With Matlab
Section: Chapter Questions
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A shipping company handles containers in three different sizes: (1) 27 ft (3 x 3 x 3), (2) 125 ft?, and (3) 512 ft. Let X;
(i = 1, 2, 3) denote the number of type i containers shipped during a given week. With 4; = E(X,) and a = V(X,), suppose that
the mean values and standard deviations are as follows:
H, = 200 u, = 250
H3 = 100
%3D
1 = 11
2 = 13
3 = 8
%3D
(a) Assuming that X,, X2, X, are independent, calculate the expected value and variance of the total volume shipped.
[Hint: Volume = 27x, + 125X, + 512X3.]
expected value
| 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.
Both the expected value and the variance would be correct.
The expected value would be correct, but the variance would not be correct.
The expected value would not be correct, but the variance would be correct.
Need Help?
Read It
Transcribed Image Text:A shipping company handles containers in three different sizes: (1) 27 ft (3 x 3 x 3), (2) 125 ft?, and (3) 512 ft. Let X; (i = 1, 2, 3) denote the number of type i containers shipped during a given week. With 4; = E(X,) and a = V(X,), suppose that the mean values and standard deviations are as follows: H, = 200 u, = 250 H3 = 100 %3D 1 = 11 2 = 13 3 = 8 %3D (a) Assuming that X,, X2, X, are independent, calculate the expected value and variance of the total volume shipped. [Hint: Volume = 27x, + 125X, + 512X3.] expected value | 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. Both the expected value and the variance would be correct. The expected value would be correct, but the variance would not be correct. The expected value would not be correct, but the variance would be correct. Need Help? Read It
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