5. Show that for a discrete uniform random variable X, if each of the values in the range of X is multiplied by the constant c, the effect is to multiply the mean of X by c and the variance of X by c'. That is, show that E(cX) = cE(X) and V(cX) = c°V(X).

A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
Section: Chapter Questions
Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
icon
Related questions
Question
5. Show that for a discrete uniform random variable X, if each of the values in the range of X is
multiplied by the constant c, the effect is to multiply the mean of X by c and the variance of X by
c. That is, show that E(cX) = cE(X) and V(cX) = c³V(X).
Transcribed Image Text:5. Show that for a discrete uniform random variable X, if each of the values in the range of X is multiplied by the constant c, the effect is to multiply the mean of X by c and the variance of X by c. That is, show that E(cX) = cE(X) and V(cX) = c³V(X).
Expert Solution
steps

Step by step

Solved in 2 steps with 2 images

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
A First Course in Probability (10th Edition)
A First Course in Probability (10th Edition)
Probability
ISBN:
9780134753119
Author:
Sheldon Ross
Publisher:
PEARSON
A First Course in Probability
A First Course in Probability
Probability
ISBN:
9780321794772
Author:
Sheldon Ross
Publisher:
PEARSON