Let Z = 3X – 2, use properties of expected value and variance to find the following. d) Var(Z) e) E[7X + 3Y + 5]

College Algebra
7th Edition
ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter9: Counting And Probability
Section9.4: Expected Value
Problem 1E: If a game gives payoffs of $10 and $100 with probabilities 0.9 and 0.1, respectively, then the...
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5. Two independent random variables (r.v.'s), X and Y, have the following properties.
• Xis always negative
• Y is always positive
• E[X] = -5
• Var(X) = 48
• E[Y*] = 43
• Var(Y) = 7
Let Z = 3X – 2, use properties of expected value and variance to find the following.
d) Var(Z)
e) E[7X + 3Y + 5]
Transcribed Image Text:5. Two independent random variables (r.v.'s), X and Y, have the following properties. • Xis always negative • Y is always positive • E[X] = -5 • Var(X) = 48 • E[Y*] = 43 • Var(Y) = 7 Let Z = 3X – 2, use properties of expected value and variance to find the following. d) Var(Z) e) E[7X + 3Y + 5]
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