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Reading 8: Probability Concepts - LOS l ~ Q1-2

Q1. Given P(X = 20, Y = 0) = 0.4, and P(X = 30, Y = 50) = 0.6, then COV(XY) is:

A)   125.00.

B)   25.00.

C)   120.00.

Q2. 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:

A)   24.0.

B)   -12.0.

C)   6.0.

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