Consider the following joint probabilities table for X and Y , where x = 1, 2, 3 and y = 1, 2, 3, 4. X\Y 1 2 3 1 2 3 4 0.05 0.1 0.05 0.01 0.2 0.02 0.25 0.07 0.15 0.01 0.03 0.06 Calculate the covariance of X and Y. Cov(X,Y)= 0.4584 X Calculate the standard deviations of X and Y. σχ 0.6771 = σy = 1.2459 X Calculate the coefficient of correlation of X and Y.
Consider the following joint probabilities table for X and Y , where x = 1, 2, 3 and y = 1, 2, 3, 4. X\Y 1 2 3 1 2 3 4 0.05 0.1 0.05 0.01 0.2 0.02 0.25 0.07 0.15 0.01 0.03 0.06 Calculate the covariance of X and Y. Cov(X,Y)= 0.4584 X Calculate the standard deviations of X and Y. σχ 0.6771 = σy = 1.2459 X Calculate the coefficient of correlation of X and Y.
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.1: Measures Of Center
Problem 9PPS
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![Consider the following joint probabilities table for X and Y
, where x
1, 2, 3 and y = 1, 2, 3, 4.
X\Y
1
2
3
=
Calculate the covariance of X and Y.
ox:
1
2
3
4
0.05 0.1
0.05
0.01
0.2
0.02
0.25 0.07
0.15 0.01 0.03 0.06
Cov(X,Y)= 0.4584 X
Calculate the standard deviations of X and Y.
-
0.6771
oy 1.2459
=
X
Calculate the coefficient of correlation of X and Y.
p(X,Y)= -0.0204 X](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F80864b91-d3a3-4910-ac0e-8d4cb607fd82%2F2fc655e2-4183-4a01-9f98-c08f9e701e66%2F9ka34k_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Consider the following joint probabilities table for X and Y
, where x
1, 2, 3 and y = 1, 2, 3, 4.
X\Y
1
2
3
=
Calculate the covariance of X and Y.
ox:
1
2
3
4
0.05 0.1
0.05
0.01
0.2
0.02
0.25 0.07
0.15 0.01 0.03 0.06
Cov(X,Y)= 0.4584 X
Calculate the standard deviations of X and Y.
-
0.6771
oy 1.2459
=
X
Calculate the coefficient of correlation of X and Y.
p(X,Y)= -0.0204 X
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