Question: Can someone please help me with this question by hand and not in excel? Thank you. A) A random variable X has a mean of
Can someone please help me with this question by hand and not in excel? Thank you.
A) A random variableXhas a mean of= 10 and a standard deviation of= 3. The random variableXis multiplied by the constant 2 to create a new variableY(i.e.,Y= 3X).
What is the variance ofY?
a)
36
b)
12
c)
27
d)
6
e)
This can't be determined with the information provided.
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
