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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 μXand μYand the variances σX2and σγ2 of both variables in the population.
(a) Is it reasonable to take the mean of the total income X+Yto be μX+μY ? Explain your answer.
(b) Is it reasonable to take the variance of the total income to be σX2+σy2 ? Explain your answer.

Short Answer

Expert verified

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

(b) No, it is not reasonable because the property of the variance of σX+Y2=σX2+σY2.

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 μX+μY .

02

Part (a) Step 2: Explanation 

According to the information,

Mean =μXand μY
Variance =σ2xand σ2Y
Yes, the mean of X+Yis equal to μX+μY

Because it is known that,
μX+Y=μX+μY

03

Part (b) Step 1: Given information 

The variances σX2and σγ2 of both variables in the population..
The variance of the total income to be σX2+σy2 .

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 σX+Y2=σX2+σY2.

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

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