Question: Affine Expectation Let Z = aX + bY, where a and b are con- stants. Show that E(Z) = E(aX + by) = aE(X )

Affine Expectation Let Z = aX + bY, where a and

Affine Expectation Let Z = aX + bY, where a and b are con- stants. Show that E(Z) = E(aX + by) = aE(X ) + bE(Y ) (4.131)

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