I was reading through this post on the expected dot product of two random vectors. The answers there are quite interesting but not very conclusive. I was wondering if someone knows if the question is any more clear cut with a few restrictions.
Let $C \in \mathbb R^{n \times n}$ be a PSD correlation matrix (with $-1 \leq C_{ij} \leq 1 \ \ \forall \ i,j$ and $C_{ii} = 1 \ \ \forall \ i$) and $\vec x \in \mathbb \{0,1\}^n$ a binary random vector with $k < n$ ones. Is there anything one can say (upper/lower bounds or even an exact expression) about the expected value of the product?
$$ \mathbb E (\vec x^T C \ \vec x) $$