Xis a random variable having a probability distribution with a mean/expected value of E(X)=29.7 and a variance of Var(X)=26
.
Consider the following random variables.
A=3X
B=3X?4
C=?4X+8
Answer parts (a) through (c).
Part (a)Find the expected value and variance of A
.
E(A)=
Var(A)=
Part (b)Find the expected value and variance of B
.
E(B)=
Var(B)=
Part (c)Find the expected value and standard deviation of C
.
E(C)=
SD(C)=





