16m of fencing is used to construct a rectangular garden in the city park. The length of the rectangle is randomly chosen integral number in metres. if the garden is going to cost $65/m2, find the expected cost of the installation
We are given the total perimeter of the rectangular plot here as
16m. Therefore, given the length and breadth of the rectangle as X
and Y respectively. Then, we have here:
X + Y = 16/2 = 8
X = 8 - Y
Area = XY
Expected cost is computed here as:
= 65 * Area
= 65XY
= 65X(8 - X)
Now as we know here that X ranges uniformly from 0 to 16 as the length could be anything from 0 to 16, therefore we have here:
Therefore the expected values here are computed as:
Now the second moment here is computed as:
Therefore the expected cost of the installation here is computed as:
E(65X(8 - X)) = 65*8*E(X) - 65E(X2) = 65*8*8 - 65*85.3333 = -1386.6667
Therefore -1386.6667 is the required expected cost of the installation here.
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