13. Take X and Y to be independent random variables each having exp value 5 and stand dev 3. Now calculate (a) VAR (2X - 3Y+ 5)= (b) E(2X - 3Y+ 5) = (c) Suppose that X and Y are normal random variables. Describe the probability model for X+Y. (You need to give its name, if possible, and clearly state the values of its parameters.) (d) If you were told that Cov(X,Y) = 4 and that X and Y are not independent, what would Var(X-Y) be?

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13. Take X and Y to be independent random variables each having exp value 5 and stand dev 3.
Now calculate (a) VAR (2X - 3Y+ 5)=
(b) Е(2X - 3Ү + 5) %3
(c) Suppose that X and Y are normal random variables. Describe the probability model for X+Y. (You need to give
its name, if possible, and clearly state the values of its parameters.)
(d) If you were told that Cov(X,Y) = 4 and that X and Y are not independent, what would Var(X-Y) be?
Transcribed Image Text:13. Take X and Y to be independent random variables each having exp value 5 and stand dev 3. Now calculate (a) VAR (2X - 3Y+ 5)= (b) Е(2X - 3Ү + 5) %3 (c) Suppose that X and Y are normal random variables. Describe the probability model for X+Y. (You need to give its name, if possible, and clearly state the values of its parameters.) (d) If you were told that Cov(X,Y) = 4 and that X and Y are not independent, what would Var(X-Y) be?
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