Math Problem Statement
Two continuous random variables, X and Y, are related such that Y = aX + 5 where a is a positive integer and E(aX + 5) = Var(aX + 5). The mean of X is 9 and the variance of X is 2. Determine: a. the value of the constant a b. E(Y) and Var(Y).
Solution
Given the problem, we have the following information:
- where is a positive integer.
- .
- The mean of , .
- The variance of , .
Part (a): Determine the value of the constant
Let's first calculate the expected value and variance of :
-
Expected value of :
-
Variance of : Since adding a constant does not affect the variance:
Given that , we set up the equation:
Rearranging this into a standard quadratic equation form:
We solve this quadratic equation using the quadratic formula:
where , , and :
This gives us two solutions:
Since is a positive integer, is the valid solution.
Part (b): Calculate and
Now that we know , we can find and .
-
Expected value of :
-
Variance of :
Thus, the answers are:
- (a)
- (b) and
Would you like more details or have any questions? Here are some related questions you might be interested in:
- How do you find the expected value and variance of a linear transformation of a random variable?
- What are some other types of problems involving continuous random variables?
- How does adding or multiplying by constants affect the mean and variance of a random variable?
- Can this method be applied to other forms of linear relationships between random variables?
- What are the implications if were not a positive integer?
Tip: Always double-check the assumptions and given conditions in probability problems, as they can significantly affect the solution approach.
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Math Problem Analysis
Mathematical Concepts
Random Variables
Expected Value
Variance
Linear Transformations
Formulas
Expected value of a linear transformation
Variance of a linear transformation
Theorems
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Suitable Grade Level
Advanced High School
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