Given P(X = 2, Y = 10) = 0.3, P(X = 6, Y = 2.5) = 0.4, and P(X = 10, Y = 0) = 0.3, then COV(XY) is:
The expected values are: E(X) = (0.3 × 2) + (0.4 × 6) + (0.3 × 10) = 6 and E(Y) = (0.3 × 10.0) + (0.4 × 2.5) + (0.3 × 0.0) = 4. The covariance is COV(XY) = ((0.3 × ((2 ? 6) × (10 ? 4))) + ((0.4 × ((6 ? 6) × (2.5 ? 4))) + (0.3 × ((10 ? 6) × (0 ? 4))) = ?12.
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