The following table gives the joint probability distribution of two random variables X and Y. Find p(X,Y):(coefficient of correlation)
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The following table gives the joint
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- Depreciation Once a new car is driven away from the dealer, it begins to lose value. Each year, a car loses 10% of its value. This means that each year the value of a car is 90% of the previous year’s value. If a new car was purchased for $20,000, the value at the end of the first year would be $20000(0.90) and the value of the car after the end of the second year would be $20000(0.90)2. Complete the table shown below. What will be the value of the car at the end of the eighth year? Simplify the expression, to show the value in dollars.Jordan has average precipitation of 111 mm per year. On a random week in Jordan, what is the expected rainfall as measured in inches per week? Use your E(aX+b) formula, and the fact that 1 mm is equal to 0.0393701 inches, and there are 52.1429 weeks in a year. (Round your answers to two decimal places; ex: 1.23).The Solomon Islands has average precipitation of 3028 mm per year. On a random week in Solomon Islands, what is the expected rainfall as measured in inches per week? Use your E(aX+b) formula, and the fact that 1 mm is equal to 0.0393701 inches, and there are 52.1429 weeks in a year. (Round your answers to two decimal places; ex: 1.23).
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