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
- 373 views
- Pro Bono
Related Questions
- How do we define this choice function using mathematical notation?
- Prove that $\lim_{n\rightarrow \infty} \int_{[0,1]^n}\frac{|x|}{\sqrt{n}}=\frac{1}{\sqrt{3}}$
- There are 12 people in a room, where each person holds a card with a 2-digit number. What is the probability that there are at least two people holding cards with identical numbers
- Trying to figure out probability problem for a series
- How safe is this driver?
- Probability problems (Permutations, Combinations, law of inclusion and exclusion)
- What are the odds of at least k same outcomes in n independent trials, each with x equally likely outcomes?
- Average passanger waiting time - probability density function - normal distribution
Time-consuming problems at this level should come with a good bounty, otherwise you may not get a response.