Question: 2.3 Using the random variables X and Y from Table 2.2, consider two new random variables, W = 4 + 8X and V = 11

2.3 Using the random variables X and Y from Table 2.2, consider two new random variables, W = 4 + 8X and V = 11 - 2Y. Compute

(a) E(W) and E(V);

(b) s2 W and s2 V; and

(c) sWV and corr(W, V).

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