Consider four random variables X,Y, U,V. The covariance between X and Y is 0.92, and the correlation coefficient between U and V is 0.43. Comment on which pair ((X,Y) or (U,V)) of random variables is more closely linearly associated. Provide a clear explanation for your answer.

Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter11: Data Analysis And Probability
Section: Chapter Questions
Problem 8CR
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Consider four random variables X,Y, U,V.
The covariance between X and Y is 0.92, and the correlation coefficient
between U and V is 0.43.
Comment on which pair ((X,Y) or (U,V)) of random variables is more closely
linearly associated. Provide a clear explanation for your answer.
Transcribed Image Text:Consider four random variables X,Y, U,V. The covariance between X and Y is 0.92, and the correlation coefficient between U and V is 0.43. Comment on which pair ((X,Y) or (U,V)) of random variables is more closely linearly associated. Provide a clear explanation for your answer.
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