2. Consider the following information about random variables X, Y, A, and B: Mx = 30 Ox = 10 = 40 My Oy = 20 A = 0.6X + 0.4Y B = 0.8X – 0.2Y Suppose that pxY = 0.5. What is og? Round your final answer to four decimal places if necessary.
2. Consider the following information about random variables X, Y, A, and B: Mx = 30 Ox = 10 = 40 My Oy = 20 A = 0.6X + 0.4Y B = 0.8X – 0.2Y Suppose that pxY = 0.5. What is og? Round your final answer to four decimal places if necessary.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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![2. Consider the following information about random variables X, Y, A, and B:
Hx = 30
Ox = 10
Hy = 40
Oy = 20
A = 0.6X + 0.4Y
B = 0.8X – 0.2Y
Suppose that pxy = 0.5. What is og? Round your final answer to four decimal places if necessary.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F6871a655-6df9-491d-9e6a-d916a0d3d66e%2Fe4fa855d-9fe9-4b36-909c-207130eced7e%2Fjtempeb_processed.png&w=3840&q=75)
Transcribed Image Text:2. Consider the following information about random variables X, Y, A, and B:
Hx = 30
Ox = 10
Hy = 40
Oy = 20
A = 0.6X + 0.4Y
B = 0.8X – 0.2Y
Suppose that pxy = 0.5. What is og? Round your final answer to four decimal places if necessary.
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