Question

Question 19 Consider two random variables X and Y with E(X)= 4, E(Y) = 2, E(XY)...

Question 19 Consider two random variables X and Y with E(X)= 4, E(Y) = 2, E(XY) = 12, V(X) = 16 and V(Y) = 25, then the correlation coefficient between X and Y is: a. -0.2 b. -0.3 c. 0.2 d. 0.3 e. None of the above

need step by step distribution~

0 0
Add a comment Improve this question Transcribed image text
Answer #1

Correlation between x and y :

where

cov(x,y) = E(xy) - E(x) * E(y)

cov(x,y) = 12 - (4*2)

cov(x,y) = 12 - 8

cov(x,y) = 4

Correlation between x and y is 0.2

Add a comment
Know the answer?
Add Answer to:
Question 19 Consider two random variables X and Y with E(X)= 4, E(Y) = 2, E(XY)...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT