Suppose that X is a random variable with mean = 10 and standard deviation = 3. Suppose that Y is a random variable with mean = 20 and standard deviation = 4. Suppose that X and Y are independent. Find the standard deviation of X+Y.
| A. |
5 |
|
| B. |
7 |
|
| C. |
3.5 |
|
| D. |
25 |
The variance of X+Y is given by,
Var(X+Y) = Var(X) + Var(Y) +2Cov(X,Y)
Since , X and Y are independent.
Therefore , Cov(X,Y) = 0
Therefore ,
Var(X+Y) = Var(X) + Var(Y) +2Cov(X,Y) = 32 + 42 + 2*0 = 25
The standard deviation of X+Y is
=
Suppose that X is a random variable with mean = 10 and standard deviation = 3....
If X is a random variable with mean -3 and standard deviation 2, Y is a random variable with mean 5 and standard deviation 3, and the correlation between X and Y is ρ Corr(X, Y) = .8, find Cov(2x-Y, X + 5Y).
If X is a random variable with mean -3 and standard deviation 2, Y is a random variable with mean 5 and standard deviation 3, and the correlation between X and Y is ρ Corr(X, Y) =...
Suppose that XX is a random variable with mean 16 and standard deviation 5 . Also suppose that YY is a random variable with mean 36 and standard deviation 11 . Find the mean of the random variable ZZ for each of the following cases (Give your answer to three decimal places.) a) Z=3+10XZ=3+10X μZμZ = b) Z=3X−10Z=3X−10 μZμZ = c) Z=X+YZ=X+Y μZμZ = d) Z=X−YZ=X−Y μZμZ = e) Z=−4X−3YZ=−4X−3Y μZμZ =
Suppose X is a normal random variable with mean = 100 and standard deviation = 20. What is the Z-value for X= 90? a) 0.5 b) -0.5 c) 5 d) -5
Questions 6 and 7 use the following: Suppose X is a random variable wiurillunp nd standard deviation ơx. Suppose Y is a random variable with mean μγ and tandard deviation σΥ. The mean of X + Y is (c) Ax +Hy, but only if X and Y are independent. (d) (uxlox)+ (uyloy), but only if X and Y are independent. (e) None of these. The variance of X + Y is (b) (Ox)" + (o,尸 (c) Ox + σγ, but...
3. Suppose we have a random variable X with mean a new random variable Y as = 7 and variance a4. We define Y 3 5X Find the standard deviation of Y
A random variable X is known to always be positive and have a standard deviation of 5 and E[x^2] = 125. Another random variable (Y) is known to have a mean twice as large as (X) and E[Y^2] = 500. Find the following: a.) E[X] b.) E[2X + 5] c.) Var(Y) d.) E[(Y-5)^2] e.) Assuming X and Y are independent find Var(2X - Y +5)
Suppose X is a normal random variable with mean μ = 70 and standard deviation σ = 7. Find b such that P(70 ≤ X ≤ b) = 0.3. HINT [See Example 3.] (Round your answer to one decimal place.) b =
6.33 Let x be a continuous random variable that is normally distributed with a mean of 25 and a standard deviation of 6. Find the probability that x assumes a value a. between 28 and 34 b. between 20 and 35 6.34 Let x be a continuous random variable that has a normal distribution with a mean of 30 and a stan- dard deviation of 2. Find the probability that x assumes a value a. between 29 and 35 b....
Suppose x is a normal random variable with mean u and standard deviation o. If z is the standardized normal random variable of x, which of the following statements is false? (1) When r = y, the value of z=0. (2) When z is less than the mean y, the value of z is negative. (3) When r is greater than the mean y, the value of z is positive. (4) It is always the case that z <I.
Suppose x is a normal distribution random variable with mean 10 and standard deviation 1.5. Find a value of xo such that p(x>xo)=90%. Group of answer choices 10+(-0.25)*1.5 10+1.28*1.5 10+(-1.28)*1.5 10+(-0.1)*1.5