Question
Suppose we have two random variables: X has mean X=1.8 and variance X 2 =0.02 , and Y has mean Y=5.1 and variance Y 2=2.7
Suppose we have two random variables: X has mean X=1.8 and variance X 2 =0.02 , and Y has mean Y=5.1 and variance Y 2=2.7 . These variables are not independent, but have a covariance of 0.44. Determine the mean and variance of V = 3X - 2Y.
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Elementary Technical Mathematics
Authors: Dale Ewen
12th Edition
1337630586, 978-1337630580
