Question: Consider the following two independent random variables,X XandY Random variableX has a mean of 21 and a standard deviation 10. Random variableYhas a mean of
Consider the following two independent random variables,X
XandY
Random variableX
has a mean of 21 and a standard deviation 10.
Random variableYhas a mean of 26 and a standard deviation 7.
Find the mean, variance, and standard deviation for the following linear combination ofX andY
4X5Y+50
Mean:(exact answer)
Variance:(exact answer)
Standard Deviation:(two decimal places)
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