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    Mean and Variance

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    Let X and Y be independent random variables with mean j and k and variances m^2 and n^2. Find an expression for the correlation of XY and Y in terms of these means and variances.

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    Solution Summary

    Let X and Y be independent random variables with mean j and k and variances m^2 and n^2. Find an expression for the correlation of XY and Y in terms of these means and variances.

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