Suppose that Var(X) = 3, Var(Y ) = 4, and Cov(X,Y ) = 1. (a) Find Cov(2X −Y,X + 3Y ). (b) Find ρ(2X −Y,X + 3Y ) (the correlation between 2X −Y and X + 3Y ).

A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
Section: Chapter Questions
Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
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Suppose that Var(X) = 3, Var(Y ) = 4, and Cov(X,Y ) = 1.

(a) Find Cov(2X −Y,X + 3Y ).

(b) Find ρ(2X −Y,X + 3Y ) (the correlation between 2X −Y and X + 3Y ).

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