Let X and Y be random variables. Suppose Var(X) = 1.6, Var(Y) = 1.5, and Cov(X, Y) = 0.1. Let Z = -1.2X + 1.2Y + 4.7.  Calculate Var(Z).

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter5: Inverse, Exponential, And Logarithmic Functions
Section: Chapter Questions
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Let X and Y be random variables. Suppose Var(X) = 1.6, Var(Y) = 1.5, and Cov(X, Y) = 0.1.

Let Z = -1.2X + 1.2Y + 4.7. 

Calculate Var(Z).

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