If Y, is the total time between a customer's arrival in the store and departure from the service window and if Y2 is the time spent in line before reaching the window, the joint density of these variables is f(y1, Y2) = -Y1, 0< y2 < y1 <0, lo, elsewhere. The random variable Y, - Y2 represents the time spent at the service window. Find E (Y, - Y2). [Hint: Y, has a gamma distribution with a = 2 and B = 1, and Y2 has an exponential distribution with B = 1]
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- let X and Y be a random variables having pdf f(x,y)=2xy 0<x<y<1 Find P(X/Y<1/2)A statistician has to decide on the basis of a singleobservation whether the parameter θ of the density f(x) =⎧⎨⎩2xθ 2 for 0 < x < θ0 elsewhere equals θ1 or θ2, where θ1 < θ2. If he decides on θ1 when theobserved value is less than the constant k, on θ2 when theobserved value is greater than or equal to the constant k,and he is fined C dollars for making the wrong decision,which value of k will minimize the maximum risk?