Math Problem Statement
If X and Y are independent Poisson random variables with expectations 5 and 3 respectively, then
find the variance of 2X + Y .
Solution
To find the variance of the linear combination , where and are independent Poisson random variables, you can follow these steps:
1. Recall the Properties of Variance:
- For a random variable with variance , the variance of a scaled random variable is:
- If and are independent random variables, the variance of their sum is:
2. Find the Variances of and :
- For a Poisson random variable, the variance is equal to the expectation.
- So, .
- And .
3. Compute the Variance of :
- Using the scaling property of variance:
- Since and are independent:
Final Answer:
The variance of is .
Would you like more details on this, or do you have any other questions?
Here are 5 related questions you might find interesting:
- What is the expectation of given the expectations of and ?
- How does the covariance between and affect the variance of their sum?
- What is the moment-generating function for a linear combination of Poisson random variables?
- How do you find the variance of if and are not independent?
- How do you calculate the probability for some integer ?
Tip: Remember that the variance of independent random variables adds up directly, but for dependent variables, you need to consider their covariance as well.
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Math Problem Analysis
Mathematical Concepts
Probability Theory
Poisson Distribution
Variance of Random Variables
Independence of Random Variables
Formulas
\( \text{Var}(aX) = a^2 \cdot \text{Var}(X) \)
\( \text{Var}(X + Y) = \text{Var}(X) + \text{Var}(Y) \)
Theorems
-
Suitable Grade Level
Undergraduate Level
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