Solved: Given a random variable X, with standard deviation

Chapter 5, Problem 4.48

(choose chapter or problem)

Given a random variable X, with standard deviation \(\sigma_X\), and a random variable Y = a + bX, show that if b < 0, the correlation coefficient \(\rho_{XY} = −1\), and if b > 0, \(\rho_{XY} = 1\).

Unfortunately, we don't have that question answered yet. But you can get it answered in just 5 hours by Logging in or Becoming a subscriber.

Becoming a subscriber
Or look for another answer

×

Login

Login or Sign up for access to all of our study tools and educational content!

Forgot password?
Register Now

×

Register

Sign up for access to all content on our site!

Or login if you already have an account

×

Reset password

If you have an active account we’ll send you an e-mail for password recovery

Or login if you have your password back