Math Problem Statement

X is a random variable with mean 5 and standard deviation 2. Find i. E(Y) and Var(Y) for: a) Y=2x+3 b)Y=2x-3 c)Y=(x-5)?2

Solution

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Math Problem Analysis

Mathematical Concepts

Random Variables
Expected Value
Variance
Linear Transformation
Moment Calculation

Formulas

E(aX + b) = aE(X) + b
Var(aX + b) = a^2 * Var(X)
E(Y) for Y = (X - E(X))^2 equals Var(X)

Theorems

Properties of Expectation and Variance
Variance of Linear Transformations
Moment Theorem

Suitable Grade Level

Undergraduate (College)