Var (12x) is _____________
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According to properties of Variance,
If all values are scaled by a constant, the variance is scaled by the square of that constant :
Here Var(ax) indicates variance of a random variable of ax
Var(x) indicates variance of a random variable of x .
So, Var(12x) = 12²Var(x) = 144Var(x)
If all values are scaled by a constant, the variance is scaled by the square of that constant :
Here Var(ax) indicates variance of a random variable of ax
Var(x) indicates variance of a random variable of x .
So, Var(12x) = 12²Var(x) = 144Var(x)
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