Contract analysis. A contractor's financial outlay X and labor force Y are random variables with bivariate pdf given by:
(b) Detemine the marginal pdf of X and Y.
In a regression analysis, the variable that is being predicted is the "dependent variable."
a. Intervening variable
b. Dependent variable
c. None
d. Independent variable
Analysis of daily output of a factory during a 8-hour shift shows that the hourly number of units y produced after t hours of production is
1) After how many hours will the hourly number of units be maximized?
2) What is the maximum hourly output?