Question: 12. Consider the information given in Exercise 7 in Section 4.3 regarding the level of moisture content and impurity of chemical batches. Such batches are
12. Consider the information given in Exercise 7 in Section 4.3 regarding the level of moisture content and impurity of chemical batches. Such batches are used to prepare a particular substance. The cost of preparing the substance is C = 2√X+3Y2. Find the expected value and variance of the cost of preparing the substance.
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