subject
Mathematics, 24.10.2019 02:00 widnickab

Asmall farmer in a developing country grows cassava and groundnuts. the amount of cassava he grows per year is a random variable, x, with a mean of 500 pounds, and a variance of 625 (pounds-squared). the amount of groundnuts he grows per year is a random variable, y, with a mean of 700 pounds, and a variance of 2500 (pounds-squared). the amounts of cassava and groundnuts he grows have a covariance of 475. the farmer uses 400 pounds of cassava and 300 pounds of groundnuts for consumption by his family. the remainder of each crop is sold for cash. he can sell cassava for $2 per pound, and groundnuts for $3 per pound. what is the farmer’s expected cash income?

ansver
Answers: 1

Other questions on the subject: Mathematics

image
Mathematics, 21.06.2019 17:30, hunterthompson2
Write an expression that has three terms and simplifies to 4x - 7. identify the coefficient(s) and constant(s) in your expression
Answers: 1
image
Mathematics, 21.06.2019 18:30, rheamskeorsey33
Acoin bank containing only dimes and quarters has 12 more dimes than quarters. the total value of the coins is $11. how many quarters and dimes are in the coin bank?
Answers: 1
image
Mathematics, 21.06.2019 21:10, ethan5738
Jenny earned a 77 on her most recent test jenny score is no less then 5 points greater then 4/5 of terrance’s score if t represents terrance score which inequality represents the situation
Answers: 3
image
Mathematics, 21.06.2019 23:30, mayratrejorod3
Zach spent 2/3 hour reading on friday a 11/3 hlurs reading on saturday. how much more time did he read on saturday tha on friday
Answers: 1
You know the right answer?
Asmall farmer in a developing country grows cassava and groundnuts. the amount of cassava he grows p...

Questions in other subjects:

Konu
Mathematics, 27.06.2019 11:30