2. Consider the following information about random variables X, Y, A, and B: Mx = 30 Ox = 10 = 40 My Oy = 20 A = 0.6X + 0.4Y B = 0.8X – 0.2Y Suppose that pxY = 0.5. What is og? Round your final answer to four decimal places if necessary.

Microeconomic Theory
12th Edition
ISBN:9781337517942
Author:NICHOLSON
Publisher:NICHOLSON
Chapter7: Uncertainty
Section: Chapter Questions
Problem 7.1P
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2. Consider the following information about random variables X, Y, A, and B:
Hx = 30
Ox = 10
Hy = 40
Oy = 20
A = 0.6X + 0.4Y
B = 0.8X – 0.2Y
Suppose that pxy = 0.5. What is og? Round your final answer to four decimal places if necessary.
Transcribed Image Text:2. Consider the following information about random variables X, Y, A, and B: Hx = 30 Ox = 10 Hy = 40 Oy = 20 A = 0.6X + 0.4Y B = 0.8X – 0.2Y Suppose that pxy = 0.5. What is og? Round your final answer to four decimal places if necessary.
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