We have the following information about the random variables XX and YY: X=1.5 Y=1 ^2X=4 ^2Y=0.25 Calculate
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Question:
We have the following information about the random variables XX and YY: X=1.5 Y=1 ^2X=4 ^2Y=0.25 Calculate the variance of Z=4X+4Y a) when the coefficient of correlation is (X,Y)=0.17
b) when X and Y are independent random variables
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