Given W = (ax + Y)² where X and Y are zero-mean random variables with variance o²x =2, and variance o y 16, respectively. Moreover, their correlation coefficient is r = - 0.2. 1. Find the expected value of W as function of a 2. Find the value of the parameter a that minimizes the mean value of W. 3. Find the minimum mean value.

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.1: Measures Of Center
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Given W = (ax + Y)? where X and Y are zero-mean random variables with variance ox =2, and variance oy = 16, respectively. Moreover, their
correlation coefficient is r= - 0.2.
1. Find the expected value of W as function of a
2. Find the value of the parameter a that minimizes the mean value of W.
3. Find the minimum mean value.
Transcribed Image Text:Given W = (ax + Y)? where X and Y are zero-mean random variables with variance ox =2, and variance oy = 16, respectively. Moreover, their correlation coefficient is r= - 0.2. 1. Find the expected value of W as function of a 2. Find the value of the parameter a that minimizes the mean value of W. 3. Find the minimum mean value.
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