4 .

n =
9
> O, 1
, 2
, , 3 4
, 5
, 6
, 9
, 8 , 9

5 .
@ S =
{ ( ,1 , (1 )
1
,2 )
,( 1
,3 )
,( 2
,1 )
,( 2
,)
,
( 2 3)
,
了

⑤ txperimental outcomes 11 1 )
, ( 1 , 2) ( 1, 3) (2 1)
,
( 2 , 2) (2 3),

Oalue 2 3 4 3 4 5

11 , @Duratonof sewia call

X 1 2 3 4

δ (x ) ①0 5
新0 .5 D5 1 ,
0

f(x )
, λ

O .
b0 ⼀

Q 孔
3 .
-

0 ,
l0 -

.
…
0 ×
123 4

@ O ≤ f(×) ≤ 1 , f
(1 ) + f ( +) + f (3) + f (4) = 0
. × 25
4 = 1
, 00

@ f (3) =
0.

@ P ( work overtme )
=f(3 +f(4 ) )
= 0 25
. t 05 =
0 50
. ,

∞
,
@ E ( x) =
Ʃ X P(X ) .

=
0 × 0 .
f 5 t500
X 0 O 4 t 1000 .
× 0 04
.
1 之 + 5000 × 0
30oxo 000 . ,
1 800 × 0.
01 + 10000 × 0 o1
.

=
O + Jo + 40 + 90 +100 + 0 +( o
=43

$ 430 could break even .

此
Expectedoalue= fallison
430- 20
= 90 -
$ $
$
 ef the
an acadent happerand ithtut nsurance
,
poliag holder uil 1 have to
pay
alot of have of $ 90 the provent loss
money ,
30 even a loss , nsurance can a
larger ,

26 @ Ox
. dVar (x ) - λ s
5 =

by dvarly 1 ⼩ 1
= = =

The standarddeviatiore for ar ivestment Tn fock 2 ts smallerthad stock ⼯ ,

stock I 5 risker Mrestment .

⑥ 500 × % =
5X

E (5X ) =
5 E(X) =
5× 8 45
.
=
42 25 .
$ 42 35 .

G5x =λ Var (5x) =λ 35 Varlx) .

=λ 5xr 5
=
25 $ 25 ,

@ → 0 5X 05
Y
.
+
.

E ( 0 5[ + E(x ) + E( ) θ 5 (8 45 ) + (3 r) 25
φ)
0 5 05 05 0 5 5
y
= = =
.
.
.
. . .
.
. .

0.5 dvar 10 5×+ 0 5

xtoy y)
:
.
.

=↓θ 5 var(x ) 25 Var ( )

xdxy
5× 0 5
y
.
+ 0 .
+ 2× 0 . ,

=↓θ 25 .
x 0 . 5 + 0 5 .
×|+ 2× 0 5 ×0 5
. .
x ( b)-
=
2 .
2361 ,

⑥ RX +
y
3
≥ 0 . O .

E( {x + ME (x ) + ) 9 ( 8 45) + 6 895
) 3
EY ( 3 0)
0 =
0
=
0 03
y
. O3 .
0 . .
: . ,
=
.

dVarlo yxto {
Oonxeony
)
y
=
.

d 0 49 Var (X) + 09 3321

Varly) OM × 0 3 6
=
0 =

xY
. . + 2x .
×
 ⼀
0
ay
:
=
oy
vala )
xy
drary) 25 1
=
-
0 .
6

lt is a
sfrong negatuerelatonshipbetweerthe twostockh

27 @ leal
,

Prioely )
Quality (x ) , 2 3 Tota
1 0 . 14 0.13Qo 1 0. 3
↓ 0 .
1 1 0 .
1 0 . 18 5
0.

少 0 o .
1 0 05 .
0 .
16 O .
z
孙

Tota 0比 0 .

39 0
. 35 7 ,
0

⑤ E(X ) =
)× 0 . 28 + 2× 0 0+ 3 . x0 . 北
= 1 . 94

+ 4964
= ~

- ' × 0 38 +
×
Var (x1 ( x)" 3 ^× 0 20
)
=
E( X E
J
" 0 .28 2 . .
-

1 94
.
=
0 .

@ 39 09
Ely) 1 3×
= × 0 r6 + 2×
. 0 .
+ 0 . 35 =
2 .

6019
~=
39
×
) Ely - (y = ↑× 3 × 0 95
09
iavly +
0 "0 . 0
)
= +
E 1
.
6 2 .
-
2 .
.

"

var ( barlx)
xty1 laityl 16691- 0 .010
4964 - -
-
-
0
t

@
bay 254
=
.

oay
^0 jf quality t
, meal price ^ .

TUB 15 What we would expect ,

y nbl
a 0. 4964 . 05~ l
pag
:

,
=
0 60190 ,

Moderately
posttverelatonshp ,

fonda low - ostpestaurant n thny

lf not
3 kely
to hat '3alsohigh
quatity ,

Three of hru load to f13 1 ) ,

= 0 . 01 ,