Find E(max{X,Y}).
Let the pair X, Y have the bivariate normal distribution with means 0, variances 1, and correlation ρ. Find E(max{X, Y}).
Join Matchmaticians Affiliate Marketing
Program to earn up to a 50% commission on every question that your affiliated users ask or answer.
- unanswered
- 422 views
- Pro Bono
Related Questions
- Statistics involving a numerical variable and a nonnumerical variable (date)
- Probability of more than 1 goal at the end of a match
- What are the odds of drawing the two tarot cards that I wanted, then reshuffling the pack, and drawing them both again straight away, in the same order?
- Two statistics proofs with regressions, any help much appreciated!
- Applied Probability
- "Estimate of standard error of the proportion"
- Probability question, joint probability distribution
- How would I write an acceptance-rejection algorithm for this problem
Time-consuming problems at this level should come with a good bounty, otherwise you may not get a response.