Consider the two statements. \(S_1 :\) There exist random variables \(X\) and…

2021

Consider the two statements. 

\(S_1 :\) There exist random variables \(X\) and \(Y\) such that

\(\left(\mathbb E[(X-\mathbb E(X))(Y-\mathbb E(Y))]\right)^2>\textsf{Var}[X]\textsf{Var}[Y]\)

\(S_2 :\) For all random variables \(X\) and \(Y\),

\(Y, \textsf{Cov}[X,Y]=\mathbb E \left[|X-\mathbb E[X]|\;|Y-\mathbb E[Y]|\right ]\)

Which one of the following choices is correct?

  1. A.

    Both \(S_1\) and \(S_2\) are true.

  2. B.

    \(S_1\) is true, but \(S_2\) is false.

  3. C.

    \(S_1\) is false, but \(S_2\) is true.

  4. D.

    Both \(S_1\) and \(S_2\) are false.

Attempted by 33 students.

Show answer & explanation

Correct answer: D

Answer: Both statements are false.

Reason for the first statement:

By definition, Cov(X,Y) = E[(X - E[X])(Y - E[Y])]. The Cauchy–Schwarz inequality applied to the random variables X - E[X] and Y - E[Y] gives |Cov(X,Y)| ≤ sqrt(Var(X) Var(Y)), hence

Cov(X,Y)^2 ≤ Var(X) Var(Y).

Therefore a strict inequality Cov(X,Y)^2 > Var(X) Var(Y) cannot occur. Equality holds exactly when X - E[X] and Y - E[Y] are linearly dependent almost surely (for example, when Y = aX + b a.s.).

Reason for the second statement:

The proposed identity asserts Cov(X,Y) = E[|X - E[X]| |Y - E[Y]|]. This cannot hold in general because the right-hand side is always nonnegative, while the left-hand side can be zero or negative.

Counterexample:

  • Let X and Y be independent centered Rademacher variables: P(X=1)=P(X=-1)=1/2 and similarly for Y. Then E[X]=E[Y]=0, so Cov(X,Y)=E[XY]=0.

  • However, |X - E[X]| = |X| = 1 and |Y - E[Y]| = |Y| = 1 almost surely, so E[|X - E[X]| |Y - E[Y]|] = 1.

Thus Cov(X,Y) = 0 while E[|X - E[X]| |Y - E[Y]|] = 1, showing the claimed equality is false in general.

Conclusion: Both S1 and S2 are false.

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