Suppose that the random variable X represents the length of a punched part in meters. Let Y be the length of the part in inches. Please report your answer in 1 decimal place.
1 m = 39.37 inches
Solution:
We have
1 m = 39.37 inches
That is, we have
Y = 39.37*X
We know that
If Y = a*X, then V(Y) = a^2*Var(X)
So, we have
V(Y) = 39.37^2*V(X)
We are given V(X) = 0.29
V(Y) = 39.37^2*0.29
V(Y) = 449.4991
V(Y) = 449.5
Answer: Variance of Y = 449.5
Suppose that the random variable X represents the length of a punched part in meters. Let...
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