The amount of flour used per day by a bakery is a random

Chapter 6, Problem 4E

(choose chapter or problem)

Get Unlimited Answers
QUESTION:

The amount of flour used per day by a bakery is a random variable Y that has an exponential distribution with mean equal to 4 tons. The cost of the flour is proportional to U = 3Y + 1.

a Find the probability density function for U.

b Use the answer in part (a) to find E(U).

Questions & Answers


(1 Reviews)

QUESTION:

The amount of flour used per day by a bakery is a random variable Y that has an exponential distribution with mean equal to 4 tons. The cost of the flour is proportional to U = 3Y + 1.

a Find the probability density function for U.

b Use the answer in part (a) to find E(U).

ANSWER:

Step 1 of 3

It is given that Y is a random variable and it denotes the amount o0f flour used by a bakery per day.

Y has the Exponential distribution with mean 4 tones.

Also, it is given that the total cost is expressed as U = 3Y + 1.

Using this we have to find the required answers.

Add to cart

Reviews

Review this written solution for 32039) viewed: 2947 isbn: 9780495110811 | Mathematical Statistics With Applications - 7 Edition - Chapter 6 - Problem 4e

Thank you for your recent purchase on StudySoup. We invite you to provide a review below, and help us create a better product.

Textbook: Mathematical Statistics with Applications

Click to rate

Write a review below (optional):

Submit Review
×

Thanks for your review!

Think of all the students you've helped. Nice job!


Study Tools You Might Need

Not The Solution You Need? Search for Your Answer Here:

×

Login

Login or Sign up for access to all of our study tools and educational content!

Forgot password?
Register Now

×

Register

Sign up for access to all content on our site!

Or login if you already have an account

×

Reset password

If you have an active account we’ll send you an e-mail for password recovery

Or login if you have your password back