Let the discrete random variables Y1 and Y2 have the joint probability function p(y1, y2) = 1/3, for (y1, y2) = (1, 0), (0, 1), (1, 0). Find Cov(Y1, Y2). Notice that Y1 and Y2 are dependent. (Why?) This is another example of uncorrelated random variables that are not independent.

Stats 260, 11/15 Class Announcements ● Next homework is out! Due 11/29 (only five questions) ● Blackboard test grade is the correct one, not testing services ● Scatter plots are in chapter two of book if you need to review Notes ● Correlation Coefficient: Statistical measure of how strong a relationship between two variables is. ○ Will run between...