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Covariance question |
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| Apr8-10, 01:56 AM | #1 |
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Covariance question
1. The problem statement, all variables and given/known data
Let the random variables X and Y have the joint p.m.f.: f(x,y) = (x+y)/32 x=1,2, y=1,2,3,4. find the means [tex]\mu[/tex]x and [tex]\mu[/tex]y, the variances [tex]\sigma[/tex]2x and [tex]\sigma[/tex]2y, and the correlation coefficient [tex]\rho[/tex]. 2. Relevant equations [tex]\rho[/tex]=(COV(X,Y))/[tex]\sigma[/tex]x[tex]\sigma[/tex]y 3. The attempt at a solution I was able to find both [tex]\mu[/tex]'s: [tex]\mu[/tex]x= (25/16) [tex]\mu[/tex]y= (45/16) and both variances: [tex]\sigma[/tex]x=(63/256) [tex]\sigma[/tex]y=(295/256) But I cant seem to find how to get the covariance...I tried just using the 1 and 2 values for x and y, but it hasn't worked. I think I'm getting confused because there are more y values than x values. Any help would be much appreciated! |
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| Apr8-10, 03:00 AM | #2 |
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Recognitions:
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do you knw the formula for covariance?
you will need to calculate 2x4 terms, one for each x & y outcome |
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| correlation, covariance, expected value, probability, statistics |
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