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DSE 2015 Q51 (M.A. Economics Entrance Exam)
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Question: Consider a sample size of 2 drawn without replacement from an urn containing three balls numbered 1, 2, and 3. Let X be the smaller of the two numbers drawn and Y the larger. The covariance between X and Y is given by:
(a) 1/9
(b) 3/11
(c) 11/3
(d) 3/4
0:00 Introduction to Question 51 (DSE 2015)
0:22 Solution
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Question: Consider a sample size of 2 drawn without replacement from an urn containing three balls numbered 1, 2, and 3. Let X be the smaller of the two numbers drawn and Y the larger. The covariance between X and Y is given by:
(a) 1/9
(b) 3/11
(c) 11/3
(d) 3/4
0:00 Introduction to Question 51 (DSE 2015)
0:22 Solution
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