FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Hey guys be careful with the answers, I have been getting most of my answers wrong. And please can you send the answer a little

Hey guys be careful with the answers, I have been getting most of my answers wrong. And please can you send the answer a little bit faster please ??

image text in transcribed
Let X and Y be independent random variables with respective means ux = 1.23 and uy - 5.4 and standard deviations o y - 1.35 and oy = 1.9. Consider the new distribution W = 3X + 2Y, and find its mean, variance, and standard deviation. Round your answers to two decimal places when needed. UW OW =

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Calculus An Applied Approach

Calculus An Applied Approach

Authors: Ron Larson, Dennis J McKenzie, Larson/Edwards, Bruce H Edwards

7th Edition

1111809720, 9781111809720

More Books

Students also viewed these Mathematics questions

Question

★★★★★
The linear trend forecasting equation for an annual time series containing 22 values (from 1991 to 2012) on total revenues (in $millions) is a. Interpret the Y intercept, b0. b. Interpret the slope,...

Answered: 1 week ago

Question

★★★★★
Pharmax Distributors specalizes in the distribution of pharmaceutical products at the retal level. Pharmax's customer base is comprised of three main retal grovps general supermarket chains, lerpe...

Answered: 1 week ago

Question

★★★★★
From this selected project, share what the management of this organization or project manager should communicate with the project team about this double-loop learning. Justify your response.

Answered: 1 week ago

Question

★★★★★
On December 31, 2009, The Walt Disney Company acquired all the capital stock of Marvel Entertainment Company. Marvel has created heroes such as Spiderman, the Hulk, and Iron Man. Disney acquired 79.2...

Answered: 1 week ago

Question

★★★★★
Hey guys be careful with the answers, I have been getting most of my answers wrong. And please can you send the answer a little bit faster please ?? Let X and Y be independent random variables with...

Answered: 1 week ago

Question

★★★★★
On July 1, 2023, Academic Learning Services entered its second month of operations. On July 31, 2023, Breanne Allarie, the owner, finalized the companys records that showed the following items....

Answered: 1 week ago

Question

★★★★★
Your firm-has A/P with credit terms of 1/15, net 30. What is the annualized cost of skipping the discount on day 15 and paying the full invoice amount on day 30? 24.6% 37.2% 18.6% 8.1%

Answered: 1 week ago

Question

★★★★★
total monthly production costs are 10,000 on a lot of 250 units. you sell each unit for $150. If all 250 units sell each month, how would you calculate your annual profit

Answered: 1 week ago

Question

★★★★★
One way to determine the trend of a data set is to find ______________________. Question 36 options: a) percentage of non-overlapping data b) the split middle line of progress c) percentage of...

Answered: 1 week ago

Question

★★★★★
The annual salaries for 5 randomly selected people: Diana: $154,500 Clark: $76,000 Lois: $119,350 Bruce: $2,350,000,000 Barry: $68,000 Which would be the best measure of central tendency for this...

Answered: 1 week ago

Question

★★★★★
Your clients expect a 10% return on investment for podcast and a 15% ROI for TV ads. How would you calculate the expected profit for a client who invests $5500 on a podcast ad and $10,000 for a TV ad

Answered: 1 week ago

Question

★★★★★
A neglect of American-style managerialism. A lack of emphasis on those general aspects of management normally emphasized in Anglo-Saxon countries, although criticized by American commentators, does...

Answered: 1 week ago

Question

★★★★★
2 How should the Belgian management in the joint venture have handled the issue of recruitment?

Answered: 1 week ago

Question

★★★★★
Goal setting and appraisal. Several companies use goal setting extensively, and see it as useful. This involves the setting of individual targets, face-to-face performance discussions, and weekly to...

Answered: 1 week ago

Previous Question Next Question