Let X and Y be random variables with Var(X)=0.64, Var(Y)=0.81, and Cov(X,Y) = 0.5. Find each of the following to two decimal places (if applicable). (a) Coefficient of correlation p(X, Y) 0.694 (b) Var(3X + Y + 1)|| (c) Cov(-2Y, 3X+Y+1) (d) p(−2Y, 3X + Y + 1) ☐

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.1: Measures Of Center
Problem 9PPS
icon
Related questions
Question
Let X and Y be random variables with Var(X)=0.64, Var(Y)=0.81, and Cov(X,Y) = 0.5. Find each of the following to two decimal places (if applicable).
(a) Coefficient of correlation p(X, Y) 0.694
(b) Var(3X + Y + 1)||
(c) Cov(-2Y, 3X+Y+1)
(d) p(−2Y, 3X + Y + 1) ☐
Transcribed Image Text:Let X and Y be random variables with Var(X)=0.64, Var(Y)=0.81, and Cov(X,Y) = 0.5. Find each of the following to two decimal places (if applicable). (a) Coefficient of correlation p(X, Y) 0.694 (b) Var(3X + Y + 1)|| (c) Cov(-2Y, 3X+Y+1) (d) p(−2Y, 3X + Y + 1) ☐
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Glencoe Algebra 1, Student Edition, 9780079039897…
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill
Calculus For The Life Sciences
Calculus For The Life Sciences
Calculus
ISBN:
9780321964038
Author:
GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:
Pearson Addison Wesley,
Algebra & Trigonometry with Analytic Geometry
Algebra & Trigonometry with Analytic Geometry
Algebra
ISBN:
9781133382119
Author:
Swokowski
Publisher:
Cengage