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Posted: **Sun Jul 10, 2022 10:23 am**

: Suppose That X And Y Are Bernoulli Random Variables That Represent Whether Two Grant Proposals Are Funded Suppose P X 1 (193.04 KiB) Viewed 98 times

Suppose that X and Y are Bernoulli random variables that represent whether two grant proposals are funded. Suppose P(X = Y = 1) = a for a € [0, 1]. Compute the maxi value of cov[X, Y] and prove that it is the maximum.