Contract analysis. A contractor's financial outlay X and labor force

vetrila10

vetrila10

Answered question

2021-11-20

Contract analysis. A contractor's financial outlay X and labor force Y are random variables with bivariate pdf given by: fX,Y(x,y)=kxy for 10,000<x<100,000 and 10<y<20 and =0, elsewhere. (a) Evaluate constant k.
(b) Detemine the marginal pdf of X and Y.

Answer & Explanation

Feas1981

Feas1981

Beginner2021-11-21Added 16 answers

Step 1
Given,
fx,y(x,y)={kxy;10,000<x<100,000}{10<x<20}{0;elsewhere}Z
a) 102010,000100,000kxydxdy=1
=1020ky[x22]10,000100,000dy=1
=1020ky[(100,000)22(10,000)22]dy=1
=k495x1071020ydy=1
=k495x107[y22]1020=1
=k495x107[(20)22(10)22]=1
=k495x107[150]=1
=k=1742500000000

Momp1989

Momp1989

Beginner2021-11-22Added 21 answers

b)
Maginal pdf of x is =y{f(x,y)dy
f(x)=1020kxydy
f(x)=kx[y22]1020
f(x)=kx[20221022]
f(x)=kx(150)
f(x)=150x742500000000
f(x)=x4950000000;10.000<x<100.000
Maginal pdf of y is:x{f(x,y)dx
f(y)=10,000100,000kxydx
f(y)=ky10,000100,000xdx
f(y)=ky[x22]10,000100,000
f(y)=ky[(100,000)22(10,000)22]
f(y)=ky[4950000000]
f(y)=y[4950000000]742500000000
f(y)=y150;10<y<20

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