Solution Found!
In Exercise 5.38, we assumed that Y1, the weight of a bulk
Chapter 5, Problem 137E(choose chapter or problem)
Problem 137E
In Exercise 5.38, we assumed that Y1, the weight of a bulk item stocked by a supplier, had a uniform distribution over the interval (0, 1). The random variable Y2 denoted the weight of the item sold and was assumed to have a uniform distribution over the interval (0, y1), where y1 was a specific value of Y1. If the supplier stocked 3/4 ton, what amount could be expected to be sold during the week?
Reference
Let Y1 denote the weight (in tons) of a bulk item stocked by a supplier at the beginning of a week and suppose that Y1 has a uniform distribution over the interval 0 ≤ y1 ≤ 1. Let Y2 denote the amount (by weight) of this item sold by the supplier during the week and suppose that Y2 has a uniform distribution over the interval 0 ≤ y2 ≤ y1, where y1 is a specific value of Y1.
a Find the joint density function for Y1 and Y2.
b If the supplier stocks a half-ton of the item, what is the probability that she sells more than a quarter-ton?
c If it is known that the supplier sold a quarter-ton of the item, what is the probability that she had stocked more than a half-ton?
Questions & Answers
QUESTION:
Problem 137E
In Exercise 5.38, we assumed that Y1, the weight of a bulk item stocked by a supplier, had a uniform distribution over the interval (0, 1). The random variable Y2 denoted the weight of the item sold and was assumed to have a uniform distribution over the interval (0, y1), where y1 was a specific value of Y1. If the supplier stocked 3/4 ton, what amount could be expected to be sold during the week?
Reference
Let Y1 denote the weight (in tons) of a bulk item stocked by a supplier at the beginning of a week and suppose that Y1 has a uniform distribution over the interval 0 ≤ y1 ≤ 1. Let Y2 denote the amount (by weight) of this item sold by the supplier during the week and suppose that Y2 has a uniform distribution over the interval 0 ≤ y2 ≤ y1, where y1 is a specific value of Y1.
a Find the joint density function for Y1 and Y2.
b If the supplier stocks a half-ton of the item, what is the probability that she sells more than a quarter-ton?
c If it is known that the supplier sold a quarter-ton of the item, what is the probability that she had stocked more than a half-ton?
ANSWER:
Step 1 of 2
Given:
The variable represents the weight of a bulk item stocked by a supplier.
The variable follows the uniform distribution over the interval (0, 1).
The random variable represents the weight of the item sold and was assumed to have a uniform distribution over the interval (0, ), where was a specific value of .