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You have a continuous random variable X, for which the mean u equals 2.71. You apply the transformation X* = 5 - 3X to the
You have a continuous random variable X, for which the mean u equals 2.71. You apply the transformation X* = 5 - 3X to the values of the random variable. What is the mean of the transformed variable? (3 points) 6 The variance for the same random variable from question 5 is 1.22. After applying the transformation from question 5, what is the new variance? What is the standard deviation of the transformed random variable? (3 points)
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