Show that for X = a + bY the correlation of X and Y is =
Question:
Show that for X = a + bY the correlation of X and Y is ρ = 1.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 77% (9 reviews)
First of all notice that VarX b 2 ...View the full answer
Answered By
Simon kingori
I am a tier-one market researcher and content developer who has been in this field for the last six years. I’ve run the freelancing gamut; from market research, data mining and SEO/SMM to copywriting, Content Development, you name it, I’ve done it. I’m extremely motivated, organized and disciplined – you have to be to work from home. My experience in Freelancing is invaluable- but what makes me a cut above the rest is my passion to deliver quality results to all my clients- it’s important to note, I've never had a dissatisfied client. Backed by a Masters degree in Computer Science from MOI university, I have the required skill set and burning passion and desire to deliver the best results for my clients. This is the reason why I am a cut above the rest. Having taken a Bsc. in computer science and statistics, I deal with all round fields in the IT category. It is a field i enjoy working in as it is dynamic and new things present themselves every day for research and exploration.
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
You are considering investing in two securities, X and Y. The following data are available for the two securities: a. If you invest 40 percent of your funds in Security X and 60 percent in Security Y...
-
Scalping College Basketball Tickets: At many universities, college basketball is intensely popular and, were tickets sold at market prices, many students who wish to attend games would not be able to...
-
1. The following relations describe demand and supply. Q = 700 - 100P (1) Q = -100 + 100P (2) Where P is price in dollar and Q is quantity in unit. a. Which equation (1) or (2), is demand equation...
-
Determine A in the indicated figures. Fig. 2.40 (a) A 84 (a) 40 B
-
Accompanying a bank statement for Borden Company is a credit memo for $21,200 representing the principal ($20,000) and interest ($1,200) on a note that had been collected by the bank. The company had...
-
Explain why a new product-costing system may be needed. When line managers suggest that, an apparently profitable product be drooped.
-
The major roadblock to foreign companies listing their overseas stock on U.S. exchanges has long been the big difference between accounting standards in the United States and abroad. Recently,...
-
Mystic Pizza Company purchased a patent from Prime Pizza Plus on January 1, Year 1 for $72,000. The patent has a remaining legal life of nine years. Prepare the journal entries to record the...
-
When there are intercompany sales of inventory during the year and a three-part consolidation worksheet is prepared, consolidation entries related to the intercompany sales: I. Always are needed. II....
-
Use the Financial Statements for Moon Walk Inc. to complete the following questions. Moon Walk Inc. Comparative Statement of Income for the 12 months ending December 31, 2024 Account 2024 2023 2022...
-
Why are all returns on the CML perfectly negative correlated with the SDF?
-
Verify that this process satisfies the martingale condition (9.22). (9.22) , %3 ' +1F1 = 6 E[ Brk\Fi]
-
A man wearing ice skates throws and 8-kg block with an initial velocity of 2 m/s, measured relative to himself, in the direction shown. If he is originally at rest and completes the throw in 1.5 s...
-
Write out the form of the partial fraction decomposition of the function (See Example). Do not determine the numerical values of the coefficients. (If the partial fraction decomposition does not...
-
Listed here are the costs associated with the production of 1,000 drum sets manufactured by TrueBeat. Costs 1. Plastic for casing$16,000 2. Wages of assembly workers$83,000 3. Property taxes on...
-
The diagram shows the instant when a long slender bar of mass 4.8 kg and length 2.9 m is horizontal. At this instant the mass m= 6.2 kg has a vertical velocity of 5.3 m/s. If the pulley has...
-
Holland has been down to the Law Clinic and has returned with several new cases/clients; Wanda and the doorman from the 7-Seas Bar/Grill,Wanda, who has been charged with malicious destruction of a...
-
2) A spring of constant k=1.2 N/cm is being compressed 5-cm by a 200-gram ball. The ball is released on a 10 degree incline. Determine: a) The speed of the ball when it leaves the spring b) The...
-
Round the following numbers (i) to two decimal places and (ii) to three decimal places. a. 0.5682 b. 3.4765 c. 8.8467 d. 3.9995
-
d. The characteristic equation of a control system is given by s+2s+8s+12s+20s+16+16=0. Determine the number of the roots of the equation which lie on the imaginary axis of s-plane
-
A research analyst runs the following two regression models used to predict how sales of brand B (the dependent variable) are influenced by the perceived quality of brand B (PQB) and attitude toward...
-
What is the difference between partial and full mediation?
-
Define a moderation effect. Give a typical example. How do they account for context?
-
ABC Company engaged in the following transaction in October 2 0 1 7 Oct 7 Sold Merchandise on credit to L Barrett $ 6 0 0 0 8 Purchased merchandise on credit from Bennett Company $ 1 2 , 0 0 0 . 9...
-
Lime Corporation, with E & P of $500,000, distributes land (worth $300,000, adjusted basis of $350,000) to Harry, its sole shareholder. The land is subject to a liability of $120,000, which Harry...
-
A comic store began operations in 2018 and, although it is incorporated as a limited liability company, it decided to be taxed as a corporation. In its first year, the comic store broke even. In...
Study smarter with the SolutionInn App