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Xavier and Yvette are real estate agents Let X denote the number of houses that Xavier will sell in a month and let Y denote the number of houses Yvette will sell in a month An analysis of their

Xavier and Yvette are real estate agents. Let X denote the number of houses that Xavier will sell in a month and let Y denote the number of houses Yvette will sell in a month. An analysis of their past monthly performances has the following joint probabilities. Bivariate Probability Distribution X 01 2 Y 0 .12 .42 .06 1 .21 .06 .03 2 .07 .02 .01 We interpret these joint probabilities in the same way we did in Chapter 6. For example, the probability that Xavier sells 0 houses and Yvette sells 1 house in the month is P(0, 1) = .21.

Jun 22 2020 View more View Less

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