Exercise

Correlation (2)

Consider the two random variables \(X\) and \(Y\) with \(\mu_X = 0.05\) and \(\mu_Y = 0.025\), \(\sigma_X = 0.10\), \(\sigma_Y = 0.05\). The correlation between \(X\) and \(Y\) is \(\rho_{XY}\).

Given the graph on the right, what is \(\rho_{XY}\)?

Instructions

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