Number of economists on the com­mittee

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Reference no: EM13973677

A committee of three students will be randomly selected from a senior-level political science class to present an assessment of the impacts of an antitax ini­ tiative to some visiting state legislators. The class con­ sists of five economists, eight political science majors, four business majors, and three art majors. Referring to the experiment of drawing three students randomly from the class, let the bivariate random variable (X, YJ be defined  by x = number of economists on the com­mittee, and = number of business majors on the com­ mittee.

a. What is the range of the bivariate random variable (X, Y)? What is the probability density function, /(x, y ), for this bivariate random  variable? What is the probability space?

b. What is the probability that the committee will contain at least one economist and at least one busi­ness major?

c. What is the probability that the committee will consist of only political science and art majors?

d. On the basis of  the probabilit y  space you  defined in (a), is it possible for you to assign probability to the event that the  committee  consists entirely  of art majors? Why or why not? If you answer yes, calculate this probability using /(x, from (a).

e. Calculate the marginal density function for the ran­ dom variable X. What is the probability that the committee contains three economists?

f. Define the conditional density function for the number of business majors on the committee, given that the committee contains two economists. What is the probability that the committee contains less than one business major, given that the committee contains two economists?

g. Define the conditional density function for the number of business majors on the committee, given that the committee contains at least two economists. What is the probability that the com­ mittee contains less than one business  major, given that the committee contains at least two economists?

h. Are the random variables and independent? Justify your answer.

Reference no: EM13973677

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