1. Suppose that X1, X2, · · · , Xn are iid (independent and identically distributed). Let E[Xi ] = μ and var(Xi) = σ^2, where i = 1, 2, · · · , n. (a) Find E[X]. (b) Find Var[X].

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1. Suppose that X1, X2, · · · , Xn are iid (independent and identically distributed). Let E[Xi
] = μ and var(Xi) = σ^2, where i = 1, 2, · · · , n.

(a) Find E[X].
(b) Find Var[X].

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