If E[X] = 1 and Var(X) = 5, find (a) E[(2 + X)2]; (b) Var(4 + 3X).
Question:
(a) E[(2 + X)2];
(b) Var(4 + 3X).
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 70% (10 reviews)
a E2 X 2 Var 2 ...View the full answer
Answered By
PALASH JHANWAR
I am a Chartered Accountant with AIR 45 in CA - IPCC. I am a Merit Holder ( B.Com ). The following is my educational details.
PLEASE ACCESS MY RESUME FROM THE FOLLOWING LINK: https://drive.google.com/file/d/1hYR1uch-ff6MRC_cDB07K6VqY9kQ3SFL/view?usp=sharing
3.80+
3+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Statistics questions
-
4 / 3x 2 = 3x + 5 / 2
-
If E (W) = and Var (W) =2, show that r(-) Var(W )- =0 and
-
If 3x < f(x) < x3 + 2 for 0 < x < 2 evaluate lim x1 f(x)
-
Some observers maintain that not all politicians move toward the middle of the political spectrum in order to obtain votes. They often cite Barry Goldwater in the 1964 presidential election and...
-
A parent-teacher committee consisting of 4 people is to be formed from 20 parents and 5 teachers. Find the probability that the committee will consist of these people. (Assume that the selection will...
-
Air enters an adiabatic nozzle at 60 psia, 540F, and 200 ft/s and exits at 12 psia. Assuming air to be an ideal gas with variable specific heats and disregarding any irreversibilities, determine the...
-
Construct a short rate lattice for periods (years) 0 through 9 with an initial rate of \(6 \%\) and with successive rates determined by a multiplicative factor of either \(u=1.2\) or \(d=9\). Assign...
-
American Steel Corp. acquired the following securities in 2011: At the beginning of 2011, American Steel had a zero balance in each of its market adjustment accounts. 1. What entry or entries would...
-
An asset manager enters into a one-year equity swap in which he will receive the return on the Nasdaq 100 Index in return for paying a floating interest rate. The swap calls for quarterly payments....
-
The two ends of a cylindrical rod of 1025 steel 75.00 mm long and 10.000 mm in diameter are maintained rigid. If the rod is initially at 25(C, to what temperature must it be cooled to have a 0.008-mm...
-
Find Var(X) and Var(Y) for X and Y as given in Problem 21. Problem 21 Four buses carrying 148 students from the same school arrive at a football stadium. The buses carry, respectively, 40, 33, 25,...
-
Five men and 5 women are ranked according to their scores on an examination. Assume that no two scores are alike and all 10! possible rankings are equally likely. Let X denote the highest ranking...
-
Easy Construction Pty Ltd produces a single product, using two production departments Construction and Packaging. The June cost and operating data for the Construction Department is: Beginning work...
-
a. What is a crossing network? b. Name three crossing networks. c. What are the disadvantages of a crossing network?
-
Why should an investor who believes that the market is efficient pursue an indexing strategy?
-
How do order-driven and quote-driven market structures differ?
-
What is meant by off-exchange markets?
-
What are the three general types of stock market indicators?
-
Determine an expression for the general term of each geometric sequence. -3, 3
-
1. As a general strategy, would you recommend that Carl take an aggressive approach to capacity expansion or more of a wait-and-see approach? 2. Should Carl go with the option for one facility that...
-
Let X 1 , X 2 , X 3 , X 4 , X 5 be independent continuous random variables having a common distribution function and density function f, and set I = P{X 1 < X 2 < X 3 < X 4 < X 5 } a. Show that does...
-
The joint probability density function of X and Y is given by Find (a) P{X < Y} and (b) P{X < a}. f(x, y) = e-(*+y) 0Sx < 0,0 sy <
-
The joint probability density function of and is given by a. Verify that this is indeed a joint density function. b. Compute the density function of X. c. Find P{X > Y}. d. Find e. Find E[X]. f. Find...
-
J is going to receive a 30-year annuity of 8,500 and L is going to receive perpetuity of 8,500. If the appropriate interest rate is 6%, how much more is L's cash flow worth?
-
. Assume that over the past 88 years, U.S. Treasury bills had an average return of 3.5% as compared to 6.1% on long-term government bonds. What was the average risk premium on the long-term...
-
The following data were gathered to use in reconciling the bank account of Bradford Company: Balance per bank $ 18,050 Balance per company records 10,040 Bank service charges 50 Deposit in transit...
Study smarter with the SolutionInn App