Let the random variables X and Y have a joint normal distribution with E(X) ar(X) = Var(Y) = 1, and correlation p = -0.6. (a) The random variable Z = 2X + 3Y also has the normal distribution. Find E(Z) and E(Y) = 0, Vor( 7)

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1. Let the random variables X and Y have a joint normal distribution with E(X) = E(Y) = 0,
Var(X) = Var(Y) = 1, and correlation p = -0.6.
(a) The random variable Z = 2X + 3Y also has the normal distribution. Find E(Z) and
Var(Z).
(b) If b is a real number then the random variable W = X +bY_has the normal distribution.
For which value of b is W independent of Z?
Transcribed Image Text:1. Let the random variables X and Y have a joint normal distribution with E(X) = E(Y) = 0, Var(X) = Var(Y) = 1, and correlation p = -0.6. (a) The random variable Z = 2X + 3Y also has the normal distribution. Find E(Z) and Var(Z). (b) If b is a real number then the random variable W = X +bY_has the normal distribution. For which value of b is W independent of Z?
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