Answer to Question #79554 in Statistics and Probability for athanasia zannetti

Question

Let X and Y be discrete random variables whose possible values are X=0 and 10, and Y= -20 and
10. The joint distribution of (Y,X) depends on the unknown parameter c. The probabilities of the
possible values are given in the cells of the following table:
Y = -20 Y = 10
X = 0 0.15 + c 0.3
X = 10 0.35 - c 0.2
a) You know that E(4X+Y)=13. What is the value of c? Use this value for the remainder of
this question (if you’re unable to find this value, for partial credit carry out the remaining
calculations assuming it’s unknown, i.e. keeping the symbol c in your expressions).