Suppose that Y 1 , Y 2 , Y 3 , and Y 4 are random variables
Question:
Suppose that Y1, Y2, Y3, and Y4 are random variables with
Find the mean and variance of
l = -3Y1 + 2Y2 + 6Y3 - Y4
Transcribed Image Text:
E(Y¡) = 2, V(Y1) = 4, Cov(Y1, Y2) = -1 Cov(Y2, Y3) = 0 E(Y,) = 4, V(Y2) = 8, Cov(Y,, Y3) = 1, Cov(Y,, Y4) = 2 E(Y3) = -1, V(Y3) = 6, Cov(Y, Y4) = Cov(Y3, Y4) = 0 %3D E(Y4) = 0, V(Y4) = 1
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (5 reviews)
To find the mean and variance of l 3Y1 2Y2 6Y3 Y4 we need to find El and Vl El 3EY1 2EY2 6EY3 E...View the full answer
Answered By
Dulal Roy
As a tutor, I have gained extensive hands-on experience working with students one-on-one and in small group settings. I have developed the ability to effectively assess my students' strengths and weaknesses, and to customize my teaching approach to meet their individual needs.
I am proficient at breaking down complex concepts into simpler, more digestible pieces, and at using a variety of teaching methods (such as visual aids, examples, and interactive exercises) to engage my students and help them understand and retain the material.
I have also gained a lot of experience in providing feedback and guidance to my students, helping them to develop their problem-solving skills and to become more independent learners. Overall, my hands-on experience as a tutor has given me a deep understanding of how to effectively support and encourage students in their learning journey.
0.00
0 Reviews
10+ Question Solved
Related Book For
Statistics For Engineering And The Sciences
ISBN: 9781498728850
6th Edition
Authors: William M. Mendenhall, Terry L. Sincich
Question Posted:
Students also viewed these Engineering questions
-
Suppose that Y1, Y2,..., Y20 N(u, 5), and that you want to test Ho u = 7 versus Ha : u >7, using the test based on X analogous to the example discussed in lecture, at significance level a = 0.05....
-
Suppose that Y1 and Y2 are independent exponential random variables, each having pdf fY(y) =ey , y > 0. If Y = Y1 + Y2, it can be shown that fY1 + Y2 (y) =2yey, y > 0 Recall Case Study 4.2.4. What is...
-
Suppose two random variables and are both zero mean and unit variance. Furthermore, assume they have a correlation coefficient of . Two new random variables are formed according to: W = aX + bY, Z =...
-
Write statements that can be used in a JavaFX application to draw the five interlocking rings that are the symbol of the Olympics. (Dont worry about the color.)
-
Alexa likes ice cream, but dislikes yogurt. If you make her eat another gram of yogurt, she always requires two extra grams of ice cream to maintain a constant level of satisfaction. On a graph with...
-
The following data represent the land area and highest elevation for each of the seven continents. (a) Would it make sense to draw a pie chart for land area? Why? If so, draw a pie chart. (b) Would...
-
What stakeholder affected by their behavior was Gilead weighting very lightly when it decided what to tell the FDA about the medicines it wished to have permission to sell?
-
Perdue Company purchased equipment on April 1, 2012, for $270,000. The equipment was expected to have a useful life of three years, or 18,000 operating hours, and a residual value of $9,000. The...
-
which of these items are included in the calculation of an asset's adjusted basis? add costs necessary to prepare the asset for use in the business, start with the asset's original basis, subtract...
-
Mr. Juan Dela Cruz is a self-employed professional based in the Philippines. He provides consulting services in the field of information technology. As a resident Filipino citizen, Mr. Dela Cruz is...
-
Let Y 1 , Y 2 , . . . , Yn be a sample of n independent observations selected from a gamma distribution with = 1 and = 2 . Show that the expected value and variance of the sample mean Y are...
-
Suppose that Y 1 , Y 2 , and Y 3 are random variables with ( 1 = 0, 1 2 = 2), ( 2 = 1, 2 2 = 3), ( 3 = 5, 3 2 = 9), Cov (Y 1 , Y 2 ) = 1, Cov (Y 1 , Y 3 ) = 4, and Cov (Y 2 , Y 3 ) = -2 Find the...
-
An air capacitor is made from two flat parallel plates 1.50 mm apart. The magnitude of charge on each plate is 0.0180C when the potential difference is 200 V. (a) What is the capacitance? (b) What is...
-
What are the primary differences between direct and indirect costs? Please give an example of each. What is the differences between fixed costs and variable costs? Please give an example of each....
-
You own a 10 year, 8% annual coupon bond, issued on 1 January 2010, which has a par value of R1 000. You receive coupons each year on 31 December. You have decided to sell your bond on 31 March 2018....
-
The United Shipping Co. borrowed $25,000 at 12% interest on March 1, 2015. The note is to be repaid, with interest, in six months. If United Shipping makes monthly adjusting entries, which of the...
-
A vertical force of 8 8 N down ward is applied to a pink panther with a mass of 4 . 0 kg. Calculate the net force on it .
-
Suppose BNP Paribas agrees to act as lender in a repurchase agreement with AQR Capital Management in which AQR plans to sell $800,000 of Illinois state bonds to BNP Paribas and buy them back 28-days...
-
Propose a mechanism for the chromic acid oxidation of 1-propanol to propanal.
-
How is use of the word consistent helpful in fraud reports?
-
The Fibonacci sequence of numbers occurs in various scientific contexts. The first two numbers in the sequence are 1,1. Then every succeeding number is the sum of the two previous numbers: 1, 1, 1 +...
-
An information-retrieval system has ten storage locations. Information has been stored with the expectation that the long-run proportion of requests for location i is given by pi = (5.5 - |i -...
-
The article "The Gap Between Wine Expert Ratings and Consumer Preferences" (Intl. J. of Wine BusinessRes., 2008: 335-351) studied differences between expert and consumer ratings by considering medal...
-
P1. Figure 6.16 shows a mechanism that tips the bed of a dump truck. Determine the required speed of the hydraulic cylinder in order to tip the truck at a rate of 5 rad/min. Please answer the problem...
-
1- Two immiscible liquids flow between a fixed lower plate and a moving upper plate. There is no seperating plate between two liquids. The thickness of the liquids layers and their viscosities are...
-
In (Figure 1), F = 320 N. Part A Figure F3 = 250 N 30% F = 360 N 45 1 of 1 Determine the magnitude of the resultant force FR = F+F3- Express your answer in newtonss to three significant figures....
Study smarter with the SolutionInn App