In order to determine the economic viability of mining in a certain area, a mining company obtains samples of ore from the location and measures their zinc content and their iron content. Suppose that the random variable X and Y are the zinc and iron contents of the ore, respectively. Furthermore, suppose that their joint probability density function is f(x, y) = 6e-(2x+3y), х,у 20 Calculate the Cov(X,Y). Hence or otherwise comment on the dependency between X and Y.

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4. In order to determine the economic viability of mining in a certain area, a mining company obtains samples of ore from the location and measures their zinc content and their iron content. Suppose that the random variable ? and ? are the zinc and iron contents of the ore, respectively. Furthermore, suppose that their joint probability density function is........

 

In order to determine the economic viability of mining in a certain area, a mining company
obtains samples of ore from the location and measures their zinc content and their iron
content. Suppose that the random variable X and Y are the zinc and iron contents of the
ore, respectively. Furthermore, suppose that their joint probability density function is
f(x, y) = 6e-(2x+3y),
х, у 20
Calculate the Cov(X,Y). Hence or otherwise comment on the dependency between X and
Y.
Transcribed Image Text:In order to determine the economic viability of mining in a certain area, a mining company obtains samples of ore from the location and measures their zinc content and their iron content. Suppose that the random variable X and Y are the zinc and iron contents of the ore, respectively. Furthermore, suppose that their joint probability density function is f(x, y) = 6e-(2x+3y), х, у 20 Calculate the Cov(X,Y). Hence or otherwise comment on the dependency between X and Y.
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