
A First Course in Probability (10th Edition)
10th Edition
ISBN: 9780134753119
Author: Sheldon Ross
Publisher: PEARSON
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![We have the following information about the random variables \( X \) and \( Y \):
\[
\sigma^2_X = 4.7, \, \sigma^2_Y = 8.5, \, \text{and} \, \rho_{XY} = 0.1.
\]
Calculate the variance of \( Z = 3X + 2Y \).
\[
\sigma^2_Z =
\]](https://content.bartleby.com/qna-images/question/80864b91-d3a3-4910-ac0e-8d4cb607fd82/58886c0c-56bb-4dfb-bf63-3955c27d1b75/2lyt4xo_thumbnail.jpeg)
Transcribed Image Text:We have the following information about the random variables \( X \) and \( Y \):
\[
\sigma^2_X = 4.7, \, \sigma^2_Y = 8.5, \, \text{and} \, \rho_{XY} = 0.1.
\]
Calculate the variance of \( Z = 3X + 2Y \).
\[
\sigma^2_Z =
\]
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