A random variable X is normally distributed with a mean of 14.2 and a variance of 2.25,

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A random variable X is normally distributed with a mean of 14.2 and a variance of 2.25, and a random variable Y is normally distributed with a mean of 13.5 and a variance of 0.81. The random variables have a correlation coefficient equal to 0.74. Find the mean and variance of the random variable:

W = X - 2Y Application Exercises

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Statistics For Business And Economics

ISBN: 9781292436845

10th Global Edition

Authors: Paul Newbold, William Carlson, Betty Thorne

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