Math Problem Statement

X is a random variable with mean/expected value E(X) = 26.2 and variance VAR(X) = 27. Consider the following random variables. A = 3X, B = 3X - 3, C = -3X + 8. Answer parts (a) through (c).

Solution

Let's work through each part of the question.

Given:

  • E(X)=26.2E(X) = 26.2 (Expected value of XX)
  • Var(X)=27\text{Var}(X) = 27 (Variance of XX)

Part (a):

For A=3XA = 3X, we need to find the expected value E(A)E(A) and the variance Var(A)\text{Var}(A).

  1. Expected value: E(A)=E(3X)=3E(X)=326.2=78.6E(A) = E(3X) = 3 \cdot E(X) = 3 \cdot 26.2 = 78.6

  2. Variance: Var(A)=Var(3X)=32Var(X)=927=243\text{Var}(A) = \text{Var}(3X) = 3^2 \cdot \text{Var}(X) = 9 \cdot 27 = 243

Part (b):

For B=3X3B = 3X - 3, we need to find E(B)E(B) and Var(B)\text{Var}(B).

  1. Expected value: E(B)=E(3X3)=3E(X)3=326.23=78.63=75.6E(B) = E(3X - 3) = 3 \cdot E(X) - 3 = 3 \cdot 26.2 - 3 = 78.6 - 3 = 75.6

  2. Variance: Var(B)=Var(3X3)=Var(3X)=927=243\text{Var}(B) = \text{Var}(3X - 3) = \text{Var}(3X) = 9 \cdot 27 = 243 (Since subtracting a constant does not affect variance.)

Part (c):

For C=3X+8C = -3X + 8, we need to find E(C)E(C) and the standard deviation SD(C)\text{SD}(C).

  1. Expected value: E(C)=E(3X+8)=3E(X)+8=326.2+8=78.6+8=70.6E(C) = E(-3X + 8) = -3 \cdot E(X) + 8 = -3 \cdot 26.2 + 8 = -78.6 + 8 = -70.6

  2. Variance: Var(C)=Var(3X+8)=(3)2Var(X)=927=243\text{Var}(C) = \text{Var}(-3X + 8) = (-3)^2 \cdot \text{Var}(X) = 9 \cdot 27 = 243 (Since adding a constant does not affect variance.)

  3. Standard deviation: SD(C)=Var(C)=24315.59\text{SD}(C) = \sqrt{\text{Var}(C)} = \sqrt{243} \approx 15.59


Summary of Results:

  • Part (a):

    • E(A)=78.6E(A) = 78.6
    • Var(A)=243\text{Var}(A) = 243
  • Part (b):

    • E(B)=75.6E(B) = 75.6
    • Var(B)=243\text{Var}(B) = 243
  • Part (c):

    • E(C)=70.6E(C) = -70.6
    • SD(C)=15.59\text{SD}(C) = 15.59

Would you like more details or have any questions?

Related Questions:

  1. How does multiplying a random variable by a constant affect its variance?
  2. What happens to the expected value when a constant is added to a random variable?
  3. How does variance behave when we subtract a constant from a random variable?
  4. What is the relationship between standard deviation and variance?
  5. Can we compute the covariance between AA, BB, and CC?

Tip:

The standard deviation is always the square root of the variance, so changing the variance will always impact the spread (or dispersion) of the data.

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Math Problem Analysis

Mathematical Concepts

Probability
Expected Value
Variance
Standard Deviation

Formulas

E(aX + b) = a * E(X) + b
Var(aX + b) = a^2 * Var(X)
SD(X) = sqrt(Var(X))

Theorems

Linearity of Expectation
Variance of a Scaled Random Variable

Suitable Grade Level

College Level