a.) Find the standard deviation of Y b.) What is the calculated covariance? c.) What is the correlational value?

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A delivery truck travels from point A to point B and back using the same route each day. There are four traffic lights on the route. Let x denote the number of red lights the truck encounters going from  A to B and y ​ denote the number encountered on the return trip. Data collected over a long period suggest that the joint probability distribution for (x, y) is given by:

a.) Find the standard deviation of Y
b.) What is the calculated covariance?
c.) What is the correlational value?

X
Y
1
2
3
4
0.01
0.01
0.03
0.07
0.01
1
0.03
0.05
0.08
0.03
0.02
2
0.03
0.11
0.15
0.01
0.01
3
0.02
0.07
0.10
0.03
0.01
4
0.01
0.06
0.03
0.01
0.01
Transcribed Image Text:X Y 1 2 3 4 0.01 0.01 0.03 0.07 0.01 1 0.03 0.05 0.08 0.03 0.02 2 0.03 0.11 0.15 0.01 0.01 3 0.02 0.07 0.10 0.03 0.01 4 0.01 0.06 0.03 0.01 0.01
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