Question: Please explain it step by step, in details with the theory , thanks! .Suppose X and Y are two random variables with E (X) =

Please explain it step by step, in details with the theory , thanks!

thanks! .Suppose X and Y are two random variables with E (X)

.Suppose X and Y are two random variables with E (X) = 1.50, E (Y) = 0.55, E(XY) = 0.80, Var(X) = 0.25, and Var(Y) = 0.2475. a. What is the value of C 012 (X, Y)? b. What is the value of C 0rr(X, Y)? c. Would you say there is a strong or a weak relationship between X and Y? (1. What is the value of E (2X + BY)

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