– 0.85, Suppose you have joint random variables X and Y. It is found that COV(X,Y) Var(X) = 8, and Var(Y) = 5. %3D Based on the covariance, is there a positive relationship, a negative relationship, or no linear relationship between the variables? O No Linear Relationship Positive O Negative Find the value of the correlation coefficient. Round your answer to 3 decimals.

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Suppose you have joint random variables X and Y. It is found that COV(X,Y)
Var(X) = 8, and Var(Y) = 5.
- 0.85,
Based on the covariance, is there a positive relationship, a negative relationship, or no linear relationship
between the variables?
O No Linear Relationship
Positive
O Negative
Find the value of the correlation coefficient. Round your answer to 3 decimals.
Transcribed Image Text:Suppose you have joint random variables X and Y. It is found that COV(X,Y) Var(X) = 8, and Var(Y) = 5. - 0.85, Based on the covariance, is there a positive relationship, a negative relationship, or no linear relationship between the variables? O No Linear Relationship Positive O Negative Find the value of the correlation coefficient. Round your answer to 3 decimals.
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