We have the following information about the random variables X and Y: 2 1, μY = -1.5, o = 0.25, o} = 1. Calculate the variance of Z = 3X + 5Y, a) when the coefficient of correlation is p(X, Y) = 0.46: μχ = 02²/2 = 27.71 X b) when X and Y are independent random variables: 0²/ = 27.75 X

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We have the following information about the random variables X and Y:
0.25, o
μχ
=
1, με
=
-1.5, o
X
=
=
Calculate the variance of Z = 3X + 5Y,
=
a) when the coefficient of correlation is p(X, Y) = 0.46:
0²2 27.71
X
: 1.
b) when X and Y are independent random variables:
0²/2 27.75
Transcribed Image Text:We have the following information about the random variables X and Y: 0.25, o μχ = 1, με = -1.5, o X = = Calculate the variance of Z = 3X + 5Y, = a) when the coefficient of correlation is p(X, Y) = 0.46: 0²2 27.71 X : 1. b) when X and Y are independent random variables: 0²/2 27.75
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