Question: Here is a problem I don't understand how to solve. PROBLEM: The weight of a randomly selected bag is a random variable with mean =
Here is a problem I don't understand how to solve.
PROBLEM: The weight of a randomly selected bag is a random variable with mean = 25 pounds and standard deviation = 1 pound. The weights of bags are independent from each other.
1)What is the standard deviation for four times the weight of ONE bag that is randomly picked? (2, 4, 8 or 16 pounds)
2)What is the standard deviation of the sum of the weights of the FOUR bags that are randomly picked? (2, 4, 8 or 16 pounds)
I don't understand how to add the standard deviations in both cases.
Thank you for your help
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
