y=1 y=2 y=3 y=4 X=1 0.05 0.10 0.10 0.01 X=2 0.15 0.25 0.20 0.05 X=3 0.01 0.03 0.04 0.01 Please provide all answers to th
Posted: Thu Jan 13, 2022 5:46 am
y=1 y=2 y=3 y=4 X=1 0.05 0.10 0.10 0.01 X=2 0.15 0.25 0.20 0.05 X=3 0.01 0.03 0.04 0.01 Please provide all answers to the following to three decimal places, (a) Find the expectation of XY. (b) Find the covariance Cov(X,Y) between X and Y. C) What is the correlation between X and Y? (d) Suppose the random variables X and Y above are connected to random variables U and V by the relations X = 6U + 6 Y = 9V+4 What is the covariance Cov(U.V)? (e) What is the correlation between U and V?