cov x y e xy e x e y example

cov x y e xy e x e y example The covariance gives some information about how X and Y are statistically related Let us provide the definition then discuss the properties and applications of covariance The covariance

Cov X Y E X X Y Y E XY XY X Y X Y E XY XE Y E X Y X Y E XY X Y Covariance can be positive zero or negative Positive indicates that there s an overall De nition Let X and Y be any random variables The covariance between X and Y is given by cov X Y E n X X Y Y o E XY E X E Y where X E X Y E Y 1

cov x y e xy e x e y example

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Let X be the first number chosen so X 2 3 and let Y be the product of the two chosen numbers Compute the covariance Cov X Y So I know the formula for covariance is If large values of X tend to be observed with large or small values of Y and small values of X with small or large values of Y then Cov X Y 0 or 0 If Cov X Y 0 then we say

Cov X Y E X E X Y E Y As with the variance Cov X Y E XY E X E Y It follows that if X and Y are independent then E XY E X E Y and then Cov X Y 0 Covariance formula E XY E X E Y or expectation of product minus product of expectations is frequently useful Note if X and Y are independent then Cov X Y 0

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Rewrite as Cov X Y E Y X 0 which is true because E Y X of Y is an orthogonal projection onto space of functions measurable with respect to sigma X Cov X E Y X E X E Y X E X E E Y X As such to solve the problem we need to show that E X E Y X E XY as well as E E Y X E Y We want to prove for any function r S

One simple way to assess the relationship between two random variables X and Y is to compute their covariance Cov X Y E X x Y y Exercise 1 Cov aX b cY d acCov X Y This lesson summarizes results about the covariance of continuous random variables The statements of these results are exactly the same as for discrete random variables but keep in

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cov x y e xy e x e y example - Covariance formula E XY E X E Y or expectation of product minus product of expectations is frequently useful Note if X and Y are independent then Cov X Y 0