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Topic: i.id. random variables
Replies: 8   Last Post: Jun 21, 2017 1:06 PM

 Messages: [ Previous | Next ]
 Bijan Mobasseri Posts: 58 Registered: 12/7/04
i.id. random variables
Posted: Jun 9, 2017 5:21 AM

Suppose xi is an i.i.d. random variable (x could indicate education
level and i icould indicate an individual from the population). Suppose
yi is another i.i.d. random variable (y could be monthly labor income
and i could indicate an individual from the population). The product of
two i.i.d random variables, xi*yi, is i.i.d. Does this mean that xi and
yi are not correlated?

Date Subject Author
6/9/17 Bijan Mobasseri
6/9/17 Bijan Mobasseri
6/9/17 Richard Ulrich
6/9/17 mathman1
6/11/17 Bijan Mobasseri
6/19/17 Bijan Mobasseri
6/19/17 Richard Ulrich
6/20/17 David Jones
6/21/17 illywhacker