1. Let X be a random variable with mean μ and variance o². Let Y=aX²+bx+c, a, b, c any constants. Find the expected value for Y.

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8 Take your time and solve both parts plz
Problem 8
1. Let X be a random variable with mean μ and variance o². Let Y = aX² +bX+c, a, b, c
any constants. Find the expected value for Y.
2. Let X, Y, and Z be independent random variables, each with mean µ and variance o².
Find the expected value for A² and variance for A with A = X+Y+Z
Transcribed Image Text:Problem 8 1. Let X be a random variable with mean μ and variance o². Let Y = aX² +bX+c, a, b, c any constants. Find the expected value for Y. 2. Let X, Y, and Z be independent random variables, each with mean µ and variance o². Find the expected value for A² and variance for A with A = X+Y+Z
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