Question: 81. Explain how you would use a statistical software package capable of generating independent standard normal observations to obtain observed values of (X, Y), where
81. Explain how you would use a statistical software package capable of generating independent standard normal observations to obtain observed values of (X, Y), where X and Y are bivariate normal with means 100 and 50, standard deviations 5 and 2, and correlation .5. Hint:
Example 6.15.
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