In practice, one often needs to know if some randomly-fluctuating data samples taken from one source are

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In practice, one often needs to know if some randomly-fluctuating data samples taken from one source are somehow related to data from another source (for example, the interdependence of stock prices in different industrial sectors). The correlation coefficient between two random variables is a good way to quantify any relationship that may exist between them. In this homework assignment you will exactly calculate correlation coefficient XY from a knowledge of random variable PDF's, and then obtain its estimate via experimental simulation

Posted Date: May 19, 2024 08:05 AM

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In practice, one often needs to know if some randomly-fluctuating data samples taken from one source are

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