Computation of marginal probabilities,mean,and variances for jointly distributed random variables can be developed in:
A)very little time.
B)the Poisson distribution.
C)a plot.
D)various computer packages.

Question

Quizplus · Accepted Answer

Marginal probabilities, mean, and variances for joint distributions can be quite complex and time-consuming to calculate by hand. Therefore, the use of various computer packages is the best choice. These computer packages have easy-to-use functions and algorithms that can quickly and accurately compute the desired values.

Computation of Marginal Probabilities,mean,and Variances for Jointly Distributed Random Variables