Let X1, X2…..X10 be such that E(Xi) = 2/3 for all i, Var(Xi) = 2/9 for all i, and Cov(Xi,Xj)=-1/63 for all i and j with i=/=j. Let X=X1+ X2+…….+X10.
Find E(X) and Var(X).
I have no idea how to begin.
Thanks
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Let X1, X2…..X10 be such that E(Xi) = 2/3 for all i, Var(Xi) = 2/9 for all i, and Cov(Xi,Xj)=-1/63 for all i and j with i=/=j. Let X=X1+ X2+…….+X10.
Find E(X) and Var(X).
I have no idea how to begin.
Thanks