Solution
= Solution
Provided $X$ and $Y$ have finite positive variances, their <correlation coefficient> is
$$
\boxed{
\rho_{X,Y}=
\frac{\operatorname{Cov}(X,Y)}
{\sqrt{\operatorname{Var}(X)\operatorname{Var}(Y)}}.}
$$
It lies in $[-1,1]$ by the Cauchy--Schwarz inequality.