The random variable X has a variance of 2.1
Let Y = 5X + 2.7
What is the variance of Y?
Give your answer to 1 decimal place.
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Answer:
Let Y = 5× plus 2.7
=5.1 because x always 1
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Step-by-step explanation:
For a discrete random variable X, the variance of X is obtained as follows: var(X)=∑(x−μ)2pX(x), where the sum is taken over all values of x for which pX(x)>0. So the variance of X is the weighted average of the squared deviations from the mean μ, where the weights are given by the probability function pX(x) of X.
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