Let X, Y be independent stochastic variables with standard deviation respectively X and Y ,
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Let X, Y be independent stochastic variables with standard deviation respectively σX and σY, and let Z = aX + (1 − a)Y. Let σZ be Z’s standard deviation. For which value(s) of a is σZ the smallest?
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Related Book For
The Bayesian Way Introductory Statistics For Economists And Engineers
ISBN: 9781119246879
1st Edition
Authors: Svein Olav Nyberg
Question Posted:
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