We have the following information about the random variables X and Y: 0.5, дY – 1,o = 1, o = 2.25. Calculate the variance of Z 1X + 7Y, | a) when the coefficient of correlation is p(X, Y) = 0.33: b) when X and Y are independent random variables:

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
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Chapter10: Statistics
Section10.1: Measures Of Center
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We have the following information about the random variables X and Y:
0.5, дY
– 1,o = 1, o = 2.25.
Calculate the variance of Z
1X + 7Y,
|
a) when the coefficient of correlation is p(X, Y) = 0.33:
b) when X and Y are independent random variables:
Transcribed Image Text:We have the following information about the random variables X and Y: 0.5, дY – 1,o = 1, o = 2.25. Calculate the variance of Z 1X + 7Y, | a) when the coefficient of correlation is p(X, Y) = 0.33: b) when X and Y are independent random variables:
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