Let X and Y be independent uniform random variables on (0,1). a) Find the variance of Z1=min(X,Y). b) Find the variance of Z2 = max(X,Y).

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter10: Sequences, Series, And Probability
Section10.8: Probability
Problem 21E
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Let X and Y be independent uniform random variables on (0,1).

a)  Find the variance of Z1=min(X,Y).

b) Find the variance of Z2 = max(X,Y).

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