Question

In: Statistics and Probability

Assume the following joint probability distribution function where X1 and X2 are random variables denoting faulty components coming from supplier 1 and supplier 2

Assume the following joint probability distribution function where X1 and X2 are random variables denoting faulty components coming from supplier 1 and supplier 2, respectively, where a is a constant value.

  X1
0 1 2 3
X2 0 0.15 0.1 0.1 0.1
1 a 0.15 0.1 0
2 0 0 0.1 0.1
3 0 0 0 0.1

The correlation between X1 and X2 is:

Solutions

Expert Solution

The correlation between X1 and X2 is 0.414


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