Find e(z) and var(z)

Assignment Help Econometrics
Reference no: EM13158579

Suppose that X and Y are random variables such that E(X) = 4, E(Y) = 2 and var(X) = var(Y) = 4. Let Z=X+Y. 1. Find E(Z) (1 dp) 2. Assuming that X and Y are statistically independent find var(Z) (1 dp) 3. Assuming that cov(X,Y) = 2 find var(Z) (1dp)

Reference no: EM13158579

Questions Cloud

Maintaining an even balance of power : What is meant by the expression Balance of Power? Why was maintaining an even Balance of Power necessary to prevent war in Europe?
How is the flux of metabolites through the pathway : What feature is held in common by activators such as CAP, repressors such as LacI and enzymes subject to feedback inhibition? How does this feature contribute to regulation?
How much in revenues do businesses receive in the product : Suppose that business buy a total of $120 billion of the four resources (labor, land, capital, and entrepreneurial ability) from households. how much in revenues do businesses receive in the product market?
Intervention and treatment needs of family : Halfway houses, continuous care, and self help groups, and analyze intervention and treatment needs of family members and significant others affected by chemical dependency.
Find e(z) and var(z) : Find E(Z) (1 dp) 2. Assuming that X and Y are statistically independent find var(Z) (1 dp) 3. Assuming that cov(X,Y) = 2 find var(Z) (1dp)
What is the heat of vaporization of aluminum : At 25°C the heat of fusion of aluminum is 10.6 kJ/mol and the heat of sublimation is 326.4 kJ/mol. What is the heat of vaporization of aluminum at 25°C?
Compute the entropy change associated with the isothermal : Calculate the entropy change associated with the isothermal expansion of 5.40 mol of ideal gas atoms
United states has a which comparative disadvantage : Export subsidies levied by foreign governments on products in which the United States has a comparative disadvantage?
Repatriation : Repatriation is a current debate in the art world concerning the return of cultural objects to their native countries-how do you feel about repatriation? Do you believe that the objects should be returned regardless of circumstances, or do you think ..

Reviews

Write a Review

Econometrics Questions & Answers

  Design a simple econometric research project

Design a simple econometric research project

  Multiplicative decomposition method

Multiplicative decomposition method

  Market for cigarettes

The Australian government administers two programs that affect the market for cigarettes.

  Solve the forecast model

Solve the forecast model

  What are the marginal abatement cost functions

What are the marginal abatement cost functions for each of the two areas? Calculate the loss in the two areas due to over-control (for the rural area) and under-control (for the urban area).

  Write the t statistic for testing the null hypothesis

Explain why this model violates the assumption of no perfect collinearity.  Write the t statistic for testing the null hypothesis

  What is economics system

What is economics system? What are the types of economics system? Briefly explain each type of economics system by giving examples of nations that are close to each type

  Multiple choice questions related to market concentration

Determine when a competitively produced product generates negative externalities in production, the industry will,

  Calculating number of units produced by firm

Assume a company has the following production function: Q = 100 K.5 L1 . Currently, the company hires 1,000 workers and employs 100 units of capital.

  Question about mobile commerce

M-commerce also known as mobile commerce is being lumped in with several strategic internet plans. Explain some of the industries that are likely to use mobile commerce and how it is working for them.

  Calculating the average days past due and average flow time

Auto Data manufactures custom engineering testing machine. The following 5-orders are currently in the design department:

  Mechanism of an english auction and second price auction

Briefly discuss the difference between mechanism of an oral or English auction and a Vickrey or second price auction.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd