Math Problem Statement
X and YY are independent random variables with means 10 and 17, and variances 5 and 5 respectively. Find the variance of 6X+3Y6X+3Y
Solution
Given that and are independent random variables with:
We are asked to find the variance of the expression .
Step 1: Understanding the Variance of a Linear Combination
The variance of a linear combination of random variables is given by: where and are constants, and and are independent random variables.
Step 2: Apply the Formula
For the expression :
Substitute the values into the formula:
Step 3: Calculate the Variance
Final Answer:
The variance of is .
Do you want more details or have any questions?
Here are 5 related questions:
- What is the expected value of ?
- How does the variance change if the coefficients of and are different?
- If and were not independent, how would you find the variance of ?
- What if and had different variances?
- How would you calculate the standard deviation of ?
Tip: Remember that the variance of a linear combination depends on the square of the coefficients multiplied by the variances of the variables involved.
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Math Problem Analysis
Mathematical Concepts
Random Variables
Expected Value
Variance
Linear Combinations
Formulas
Variance of a Linear Combination
Theorems
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Suitable Grade Level
Advanced Undergraduate
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