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Suppose That X, Y and Z Are Random Variables with Standard

Question 4

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Suppose that X, Y and Z are random variables with standard deviations σₓ=1, σᵧ=2 and σz=3 and that ρ(X,Y)=.5, ρ(X,Z)=-.2 and ρ(Y,Z)=.2. Find Var(X+Y+Z).

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