Practice Question 2: Let X, a random variable with expected value (mean) E(X)= 17 and variance V(X₁) 12. Let another random variable with expected value (mean) E(X) = 22 and variance V(X₂) = 16. covariance between X₁ and X₂ is Cov(X1.X2)=9. Let a new random variable Y defined as Y 9x 10x₂. a. What is the expected value of the random variable Y, E(Y)? b. What is the variance of the random variable Y, V(Y)? c. What is the correlation between X₁ and X₁, Corr(X₁,X 2)?
Practice Question 2: Let X, a random variable with expected value (mean) E(X)= 17 and variance V(X₁) 12. Let another random variable with expected value (mean) E(X) = 22 and variance V(X₂) = 16. covariance between X₁ and X₂ is Cov(X1.X2)=9. Let a new random variable Y defined as Y 9x 10x₂. a. What is the expected value of the random variable Y, E(Y)? b. What is the variance of the random variable Y, V(Y)? c. What is the correlation between X₁ and X₁, Corr(X₁,X 2)?
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Related questions
Question
![Practice Question 2:
Let X₁ a random variable with expected value (mean) E(X) = 17 and variance V(X₁) = 12. Let X;
another random variable with expected value (mean) E(X) = 22 and variance V(X₂) = 16. The
covariance between X₁ and X2 is Cov(X1.X2)=9. Let a new random variable Y defined as Y = 9X; +
10x₂.
a. What is the expected value of the random variable Y, E(Y)?
b. What is the variance of the random variable Y, V(Y)?
c. What is the correlation between X₁ and X₁, Corr(X₁,X 2)?
d. Explain briefly the meaning of the correlation of these two random variables X₁ and X₂.
e. Explain briefly if X₁ and X₂ are linearly independent or not.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F795c3b6a-3def-4289-a7a1-98a6ac5af290%2F158cfaba-a3a4-4b52-92c6-178e12d1898a%2Fckyyu3m_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Practice Question 2:
Let X₁ a random variable with expected value (mean) E(X) = 17 and variance V(X₁) = 12. Let X;
another random variable with expected value (mean) E(X) = 22 and variance V(X₂) = 16. The
covariance between X₁ and X2 is Cov(X1.X2)=9. Let a new random variable Y defined as Y = 9X; +
10x₂.
a. What is the expected value of the random variable Y, E(Y)?
b. What is the variance of the random variable Y, V(Y)?
c. What is the correlation between X₁ and X₁, Corr(X₁,X 2)?
d. Explain briefly the meaning of the correlation of these two random variables X₁ and X₂.
e. Explain briefly if X₁ and X₂ are linearly independent or not.
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