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Published byDuane Potter Modified over 8 years ago
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Conditional Expectations Bivariate Probability Distributions Discrete Case - Television Sales Data Data Source: Benson (1966): “Analysis of Irregular Two-Dimensional Distributions of Consumer Buying Choices”, Journal of Marketing Research, Vol. 3, #3, pp.279-288
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Discrete Bivariate Distributions
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Example - Television Sales Counts (Top Table) - Joint&Marginal Probabilites (Bottom Table)
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Example - Television Sales Conditional Probabilities of Price Given Size Conditional Probabilities of Size Given Price
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Functions of Discrete Bivariate R.V.s
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Example - Television Sales Conditional Mean and Variance of Prices for Size = 15.5
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Example - Television Sales Conditional Mean and Variance of Price for all Sizes Note that the last column is the marginal distribution of sizes
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Rules for Conditional Expectations
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Example - Television Sales Marginal Distribution of Prices with Mean and Variance
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Example - Television Sales Means and Variances of Conditional Distributions and Probabilities
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Example - Television Sales
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