EBK STATISTICAL TECHNIQUES IN BUSINESS
EBK STATISTICAL TECHNIQUES IN BUSINESS
17th Edition
ISBN: 9781259924163
Author: Lind
Publisher: MCGRAW HILL BOOK COMPANY
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Chapter 17, Problem 5SR

a.

To determine

Find Person J’s real income in 2000.

b.

To determine

Find Person J’s real income in 2016.

c.

To determine

Interpret the real income for 2000 and 2016.

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Please could you explain why 0.5 was added to each upper limpit of the intervals.Thanks
28. (a) Under what conditions do we say that two random variables X and Y are independent? (b) Demonstrate that if X and Y are independent, then it follows that E(XY) = E(X)E(Y); (e) Show by a counter example that the converse of (ii) is not necessarily true.
1. Let X and Y be random variables and suppose that A = F. Prove that Z XI(A)+YI(A) is a random variable.
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