Question: Consider the joint probability distribution below. Complete parts (a) through (c). a. Compute the marginal probability distributions for X and Y. (Type integers or decimals.)
Consider the joint probability distribution below. Complete parts (a) through (c). a. Compute the marginal probability distributions for X and Y. (Type integers or decimals.) b. Compute the covariance and correlation for X and Y. Cov(X,Y)=0.25 (Type an integer or a decimal.) Corr(X,Y)= (Round to three decimal places as needed.) c. Compute the mean and variance for the linear function W=9X10Y. W=8.5 (Type an integer or a decimal.) W2= (Round to four decimal places as needed.)
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