Math Problem Statement

A random variable X has an expected value of 10 and a standard deviation of 3. Let Y = 2X + 2. What are the expected value and standard deviation of Y?

Solution

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Math Problem Analysis

Mathematical Concepts

Statistics
Linear Transformations of Random Variables
Expected Value
Standard Deviation

Formulas

Expected Value of a Linear Transformation: E(aX + b) = aE(X) + b
Standard Deviation of a Linear Transformation: Std(aX + b) = |a| * Std(X)

Theorems

Linearity of Expectation

Suitable Grade Level

Grades 10-12