At the moment, im just doing some probability equations which i am not too 100% sure about. Been trying to get around things to solve it but out of luck. But if anyone can help that would be wonderful! Assisting me in either one of my problems is highly appreciated. Thank you!
ok first question:
Let E(X) = 20, E(Y) = 10, Var(X) = 4 and Var(Y) = 1 and p=0.5 Additionally assume they are independent Find the covariance and correlation between X and U = 2X - 3Y.
And last question. Let X1 and X2 have both lognormal LN(0,1) and are both independent. Find the distribution of: X1/X2 and P(X1 > 2X2)
Hope you can gimme a hand on this one. Again thanks again