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I need help answering these questions. Suppose you have joint random variables X and Y. It is found that COV(X, Y) = 0.8, Var(X) =
I need help answering these questions.
Suppose you have joint random variables X and Y. It is found that COV(X, Y) = 0.8, Var(X) = 5, and Var(Y) = 6. Based on the covariance, is there a positive relationship, a negative relationship, or no linear relationship between the variables? O No Linear Relationship O Negative O Positive Find the value of the correlation coefficient. Round your answer to 3 decimals. WORK REQUIREDGiven the below cumulative distribution function, find the following probabilities. SHOWING WORK IS OPTIONAL CDF: 0 if & P(X = 0) = P(XStep by Step Solution
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