HW#5 - variables(b Y=X^2 describes a situation where Y is...

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Q4) (a) Independent variables describe situations where the occurrence of one event does not affect the probability of the other. Correlation measures the strength of the linear dependence between the variables, which is zero in the case of independent
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Unformatted text preview: variables. (b) Y=X^2 describes a situation where Y is dependent upon X, yet the correlation is zero. (c) On a long enough time frame, the function will produce every possible outcome only once, meaning every outcome has the same probability....
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