Question #226079

f the coefficient of correlation is r D 0:81; the variances of X and Y are respectively, 20 and 25;

then the covariance cov .x; y/ or Sx y must be

1. 405

2. 90:56

3. 1:81

4. 18:11

5. 76:27


1
Expert's answer
2021-09-13T00:02:59-0400

The covariance can be calculated as follows:

r=Cov(X,Y)VarX×VarY0.81=Cov(X,Y)20×25Cov(X,Y)=0.81×22.36=18.11r=\frac{Cov(X,Y)}{\sqrt{Var_X \times Var_Y}} \\ 0.81 = \frac{Cov(X,Y)}{\sqrt{20\times 25}} \\ Cov(X,Y) = 0.81 \times 22.36 =18.11

Answer: option 4. 18.11


Need a fast expert's response?

Submit order

and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!

Comments

No comments. Be the first!
LATEST TUTORIALS
APPROVED BY CLIENTS