Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Question 16: (3 points) The distribution function of a. random variable X is shown below: Random variable Y has mean 6 and variance 2.05. Correlation

image text in transcribed
image text in transcribed
Question 16: (3 points) The distribution function of a. random variable X is shown below: Random variable Y has mean 6 and variance 2.05. Correlation between X and Y is [).23. Valuequ X22 X23 X24 Probability [J .3 [1.25 [1.45 Find variance of X 3V: Answer 16: pix = [1.3 x 2 + [1.25 x 3+ [1.45 x 4 = 3.1-5 0; = 0.3 x (2 3.1.5)2 0.25 x (3 3.1.5)2 + 0.45 x (4 3.1.5)2 = 0.7275 01%\". 2 (Jr?{ + 320% 2r(l)(3)JXU}- = 0.7275 + 9 x 2.05 2 x (0.23) x 3 x gum/0.7275 % 20.86

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Statistics For Business And Economics

Authors: Paul Newbold, William Carlson, Betty Thorne

8th Edition

0132745658, 978-0132745659

More Books

Students also viewed these Mathematics questions