An instructor has given a short quiz consisting of two parts. For a randomly selected student, let X = the number of points earned on the first part and Y = the number of points earned on the second part. Suppose that the joint pmf of X and Y is given in the accompanying table.   y p(x, y)             0             5             10             15       x 0 0.01 0.06 0.02 0.10 5 0.04 0.16 0.20 0.10 10 0.01 0.15 0.14 0.01 (a) Compute the covariance for X and Y. (Round your answer to two decimal places.) Cov(X, Y) = (b) Compute ρ for X and Y. (Round your answer to two decimal places.) ρ =

Linear Algebra: A Modern Introduction
4th Edition
ISBN:9781285463247
Author:David Poole
Publisher:David Poole
Chapter2: Systems Of Linear Equations
Section2.4: Applications
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An instructor has given a short quiz consisting of two parts. For a randomly selected student, let X = the number of points earned on the first part and Y = the number of points earned on the second part. Suppose that the joint pmf of X and Y is given in the accompanying table.

  y
p(x, y)
     
      0             5             10             15      
x 0 0.01 0.06 0.02 0.10
5 0.04 0.16 0.20 0.10
10 0.01 0.15 0.14 0.01
(a) Compute the covariance for X and Y. (Round your answer to two decimal places.)
Cov(X, Y) =

(b) Compute ρ for X and Y. (Round your answer to two decimal places.)
ρ =
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