Many people fail to back up their computer systems regularly

Many people fail to back up their computer systems regularly in spite of

the possibility of catastrophic failure. The table below shows the joint

distribution of two Bernoulli random variables which indicate whether

the computer has a catastrophic failure (X) and whether the computer has

been backed up (Y).

a) What is the mean of X, E(X)? Give answer to two decimal places, without a leading zero.

b) What is the variance of X, V(X)? Give answer to two decimal places, without a leading zero.

c) What is the mean of Y? Give answer to two decimal places, without a leading zero.

d) What is the variance of Y? Give answer to two decimal places, without a leading zero.

e) What is the covariance between X and Y, Cov(X,Y)? Give answer to two decimal places, without a leading zero.

f) What is the correlation between X and Y, Corr(X, Y)? Give answer to two decimal places, without a leading zero.

Computer Failure
Yes (X=1) No (X=0) Total
Backup Yes (Y=1) .02 .28 .30
No (Y=0) .08 .62 .70
Total .10 .90

Solution

a)E(x)=1*0.1+0*0.9=0.1

b)V(x)=E(x2) - E(x)2 =0.1-0.1=0

c)E(y)=0.3

d)V(y)=0

e)cov(x,y)=0.03

Many people fail to back up their computer systems regularly in spite of the possibility of catastrophic failure. The table below shows the joint distribution o

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