A bivariate standard normal distribution to simulate

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Reference no: EM131107094

Modify the simulation code for a bivariate standard normal distribution to simulate a bivariate normal distribution with parameters μX = 20, σ2X = 100, μY = -14, σ2= 4, and ρ = -0.8 using the Gibbs sampler.

Reference no: EM131107094

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