If X and Y Are Independent Random Variables,which of the Following

question 45

Multiple Choice

If X and Y are independent random variables,which of the following identities is false?

• A)COV(X,Y)= 1
• B)E(X + Y)= E(X)+ E(Y)
• C)V(X + Y)= V(X)+ V(Y)
• D)All of these choices are true.

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Definitions:

Internal Control

A process designed to ensure the reliability of financial reporting, compliance with laws and regulations, and effective and efficient operations.

Monitoring

Involves the continual oversight of activities, processes, or systems to ensure they are functioning correctly and achieving desired outcomes.

Business Goals

The objectives that a company aims to achieve, which guide its strategic planning and operational activities.

Compliance

Adherence to laws, regulations, guidelines, and specifications relevant to business operations.