Question: Q 1 5 . 2 * ( Two Products ) Consider two products, A and B . Demands for both products are normally distributed and

15.2 * (

Two Products

)

Consider two products, A and B

.

Demands for both products are normally distributed and have the same mean and standard deviation. The coefficient of variation of demand for each product is

0.6 .

The estimated correlation in demand between the two prod

-

ucts is

0.7 .

What is the coefficient of variation of the total demand of the two products?

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