Let (for error) be a random variable with E () 0, and Var () 2 Define the random variable, X , where is a constant Find E (X), Var (X), and E (2)

Question: Let (for error) be a random variable with E () = 0, and Var () = 2. Define the random variable, X =

Let ɛ (for “error”) be a random variable with E (ɛ) = 0, and Var (ɛ) = σ2. Define the random variable, X = μ + ɛ, where μ is a constant. Find E (X), Var (X), and E (ɛ2).

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