Q1) Suppose the joint pmf is given by the insurance company in the accompanying joint probability table: P(X,Y) X 1 2 1) Find Px (X,Y)? 2) Find Py (X, Y)? 3) Cov(X,Y)? Y 5 10 15 0.15 0.15 0.25 0.10 0.30 0.05 4) Prove the Axioms of probability for P(X,Y) Axiom 1: P(X,Y)20 for each x and y. Axiom 2: P(X,Y)=1 for each x and y.

A First Course in Probability (10th Edition)
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Chapter1: Combinatorial Analysis
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Q1) Suppose the joint pmf is given by the insurance company in the accompanying joint
probability table:
P(X,Y)
X
1
2
1) Find Px (X,Y)?
2) Find Py (X,Y)?
3) Cov(X,Y)?
Y
5
10 15
0.15 0.15 0.25
0.10 0.30 0.05
4) Prove the Axioms of probability for P(X,Y)
Axiom 1: P(X,Y)20 for each x and y.
Axiom 2: P(X,Y)=1 for each x and y.
Transcribed Image Text:Q1) Suppose the joint pmf is given by the insurance company in the accompanying joint probability table: P(X,Y) X 1 2 1) Find Px (X,Y)? 2) Find Py (X,Y)? 3) Cov(X,Y)? Y 5 10 15 0.15 0.15 0.25 0.10 0.30 0.05 4) Prove the Axioms of probability for P(X,Y) Axiom 1: P(X,Y)20 for each x and y. Axiom 2: P(X,Y)=1 for each x and y.
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