Car Sales The Joint Probability Distribution of Variables X and Y Is

question 221

Short Answer

Car Sales
The joint probability distribution of variables X and Y is shown in the table below.Rebecca and Rachel are car salespeople.Let X denote the number of cars that Rebecca will sell in a month,and let Y denote the number of cars Rachel will sell in a month. ​ ​
-{Car Sales Narrative} Verify that E(X + Y)= E(X)+ E(Y).

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Definitions:

Common Stock Dividend Distributable

The amount of dividends declared by a company but not yet paid to common stockholders.

Equity Account

An account representing the owner's interest or stake in a company.

Corporation

A legal entity formed by individuals, stockholders, or shareholders, with its own rights and liabilities separate from those of its members.

Promoters

Individuals or companies that are involved in the planning and establishment of a company, or those who actively support or recommend something.