INSURANCE SALES Let \(X\) be a random
variable that measures the time (in minutes) that
a person spends with an agent choosing a life
insurance policy, and let \(Y\) measure the time (in minutes) the agent spends
doing paperwork once the client has selected a policy. Suppose the joint
probability density function for \(X\) and \(Y\) is
\(f(x, y)= \begin{cases}\frac{1}{300} e^{-x / 30} e^{-y / 10} & \text { for } x
\geq 0, y \geq 0 \\ 0 & \text { otherwise }\end{cases}\)
a. Find the probability that choosing the policy takes more than 20 minutes.
b. Find the probability that the entire transaction (policy selection and
paperwork) will take more than half an hour.
c. How much more time would you expect to spend selecting the policy than
completing the paperwork?