# Bivariate Probability Distribution Assignment

The Chamber of Commerce in a Canadian city has conducted an evaluation of 300 restaurants in its metropolitan area. Each restaurant received a rating on a 3-point scale on typical meal price (1 least expensive to 3 most expensive) and quality (1 lowest quality to 3 greatest quality). A crosstabulation of the rating data is shown below. Forty-two of the restaurants received a rating of 1 on quality and 1 on meal price, 39 of the restaurants received a rating of 1 on quality and 2 on meal price, and so on. Forty-eight of the restaurants received the highest rating of 3 on both quality and meal price?

a. Develop a bivariate probability distribution for quality and meal price of a randomly selected restaurant in this Canadian city. Let x = quality rating and y = meal price.

b. Compute the expected value and variance for quality rating, x.

c. Compute the expected value and variance for meal price, y.

d. The Var(x + y) = 1.6691. Compute the covariance of x and y. What can you say about the relationship between quality and meal price? Is this what you would expect?

e. Compute the correlation coefficient between quality and meal price? What is the strength of the relationship? Do you suppose it is likely to find a low-cost restaurant in this city that is also high quality? Why or why not?

Calculate the price
Pages (550 words)
\$0.00
*Price with a welcome 15% discount applied.
Pro tip: If you want to save more money and pay the lowest price, you need to set a more extended deadline.
We know how difficult it is to be a student these days. That's why our prices are one of the most affordable on the market, and there are no hidden fees.

Instead, we offer bonuses, discounts, and free services to make your experience outstanding.
How it works
Receive a 100% original paper that will pass Turnitin from a top essay writing service
step 1
Fill out the order form and provide paper details. You can even attach screenshots or add additional instructions later. If something is not clear or missing, the writer will contact you for clarification.
Pro service tips
How to get the most out of your experience with Australia Assessments
One writer throughout the entire course
If you like the writer, you can hire them again. Just copy & paste their ID on the order form ("Preferred Writer's ID" field). This way, your vocabulary will be uniform, and the writer will be aware of your needs.
The same paper from different writers
You can order essay or any other work from two different writers to choose the best one or give another version to a friend. This can be done through the add-on "Same paper from another writer."
Copy of sources used by the writer
Our college essay writers work with ScienceDirect and other databases. They can send you articles or materials used in PDF or through screenshots. Just tick the "Copy of sources" field on the order form.
Testimonials
See why 20k+ students have chosen us as their sole writing assistance provider
Check out the latest reviews and opinions submitted by real customers worldwide and make an informed decision.
Nursing
paper was not completed by due date
Customer 454371, May 25th, 2020
Other
The paper was beautifully written and the ppt slide exceeded my expectations. Thank you so much for assisting me with a last minute assignment.
Customer 452455, May 9th, 2023
History
Excellent work.
Customer 463001, June 12th, 2022
Psychology
Looks great.
Customer 463363, September 23rd, 2022
Finance/Acc related
Excellent work.
Customer 460073, April 29th, 2022
Good job.
Customer 459305, April 6th, 2022
Healthcare & Medical
Good work
Customer 463469, October 22nd, 2022
Other
Check the APA cover page sample on this student paper https://owl.purdue.edu/owl/research_and_citation/apa_style/apa_formatting_and_style_guide/apa_sample_paper.html
Customer 462457, March 29th, 2022
Human Resources Management (HRM)
Thank you for this excellent power point
Customer 453633, February 24th, 2020
This was done in an excellent manner. The writer paid attention to the details that were required when worked on this project. Awesome, Thank you!
Customer 454345, May 7th, 2020
Health Care
Good job
Customer 454209, June 2nd, 2020
Psychology
I received a 91 on the quiz, which is still a good gade.
Customer 452455, April 5th, 2023
11,595
Customer reviews in total
96%
Current satisfaction rate
3 pages
Average paper length
37%
Customers referred by a friend