Question 3. Suppose that the random variable X is defined as X = 0.6X1 + 0.3X2 +0.1X3, where the probability distributions of the independent random variables X1, X2, and X3 are fx, (x) 0.1 0.95-z, %3D fx, (x) = 0.4 0.6" and fx, (x) = (* ) 0.6 0.45-z x 0, 1,... ,5. a) Evaluate the mean of X. b) Evaluate the variance of X.

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Question 3. Suppose that the random variable X is defined as X = 0.6X1 + 0.3X2 +0.1X3,
where the probability distributions of the independent random variables X1, X2, and X3 are
fx, (x)
0.1 0.95-z,
%3D
fx, (x) =
0.4 0.6"
and
fx, (x) = (* )
0.6 0.45-z
x 0, 1,... ,5.
a) Evaluate the mean of X.
b) Evaluate the variance of X.
Transcribed Image Text:Question 3. Suppose that the random variable X is defined as X = 0.6X1 + 0.3X2 +0.1X3, where the probability distributions of the independent random variables X1, X2, and X3 are fx, (x) 0.1 0.95-z, %3D fx, (x) = 0.4 0.6" and fx, (x) = (* ) 0.6 0.45-z x 0, 1,... ,5. a) Evaluate the mean of X. b) Evaluate the variance of X.
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