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

question 232

Essay

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 V(X + Y)= V(X)+ V(Y).Did you expect this result? Why?

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Definitions:

Job M

A specific production or project operation identified by a unique job number for costing purposes.

Overhead Applied

Overhead applied refers to the allocation of indirect costs to specific products or production areas based on a predetermined rate or method.

Job A578

A specific project or task within an organization, identified by the code A578 for tracking and cost allocation purposes.

Predetermined Manufacturing Overhead

The estimated cost of manufacturing overhead assigned to each unit of production, based on a predetermined rate.