Problem 3: Suppose X is a discrete random variable that takes on integer values between 1 and 10, with variance Var(X) = 6. Suppose that you define a new random variable Y by observing the output of X and adding 3 to that number. What is the variance of Y? Suppose then you define a new random variable Z by observing the output of X and multiplying that by -4. What is the variance of Z?

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Problem 3: Suppose X is a discrete random variable that takes on integer values between 1 and 10, with
variance Var(X) = 6. Suppose that you define a new random variable Y by observing the output of X and
adding 3 to that number. What is the variance of Y? Suppose then you define a new random variable Z by
observing the output of X and multiplying that by -4. What is the variance of Z?
Transcribed Image Text:Problem 3: Suppose X is a discrete random variable that takes on integer values between 1 and 10, with variance Var(X) = 6. Suppose that you define a new random variable Y by observing the output of X and adding 3 to that number. What is the variance of Y? Suppose then you define a new random variable Z by observing the output of X and multiplying that by -4. What is the variance of Z?
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