Question: Correlation matrices can often be written as sums of outer products, such as Nv NvT Tp p p pv p = 1 p = 1

Correlation matrices can often be written as sums of outer products, such as Nv NvT Tp p p pv p=1 p=1 v11=,= N NR x x C x t where each outer product xp(xp )T , for example, combines two N-dimensional vectors to create an N by N matrix. (a) Give the maximum value of rank(R), in terms of Nv and N .(Note that rank(R)= N if R is nonsingular).(b) Give the maximum value of rank(C), in terms of Nv , N , and M.

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