Suppose the correlation between N and W is 0.2. What is oy4w (rounded to four decimal places)?

College Algebra
10th Edition
ISBN:9781337282291
Author:Ron Larson
Publisher:Ron Larson
Chapter8: Sequences, Series,and Probability
Section8.7: Probability
Problem 11ECP: A manufacturer has determined that a machine averages one faulty unit for every 500 it produces....
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9.
Consider the probability distribution of random variable N:
1
2
P(n)
0.2
0.2
0.6
Consider the probability distribution of random variable W:
W
1
2
P(w)
0.1
0.5
0.4
Suppose the correlation between N and W is 0.2. What is oy4w (rounded to four decimal
places)?
Transcribed Image Text:9. Consider the probability distribution of random variable N: 1 2 P(n) 0.2 0.2 0.6 Consider the probability distribution of random variable W: W 1 2 P(w) 0.1 0.5 0.4 Suppose the correlation between N and W is 0.2. What is oy4w (rounded to four decimal places)?
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