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51. His and her earnings A study of working couples measures the income Xof the husband and the income Yof the wife in a large number of couples in which both partners are employed. Suppose that you knew the means Xand Yand the variances X2and 2 of both variables in the population.
(a) Is it reasonable to take the mean of the total income X+Yto be X+Y ? Explain your answer.
(b) Is it reasonable to take the variance of the total income to be X2+y2 ? Explain your answer.

Short Answer

Expert verified

(a) Yes, it is reasonable to take the mean of the total income X+Yto X+Y.

(b) No, it is not reasonable because the property of the variance of X+Y2=X2+Y2.

Step by step solution

01

Part (a) Step 1: Given information

The incomeXof the husband and the income Yof the wife in a large number of couples in which both partners are employed. The mean of the total income X+Yto be X+Y .

02

Part (a) Step 2: Explanation 

According to the information,

Mean =Xand Y
Variance =2xand 2Y
Yes, the mean of X+Yis equal to X+Y

Because it is known that,
X+Y=X+Y

03

Part (b) Step 1: Given information 

The variances X2and 2 of both variables in the population..
The variance of the total income to be X2+y2 .

04

Part (b) Step 2: Explanation 

The property will hold true, if it is believed that the variable Xand Yare independent. Otherwise, it cannot be said that X+Y2=X2+Y2.

So, it is not reasonable because the property of the variance.

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