Suppose that Y is a discrete random variable with mean u and variance o and let W = 5Y. (a) Do you expect the mean of W to be larger than, smaller than, or equal to µ = E(Y)? Why? O The mean of W will be larger than the mean of Y if u < 0, smaller if u > 0 and equal to u if u = 0. O The mean of W will be larger than the mean of Y if u > 0, smaller if u < 0 and equal to u if u = 0. O The mean of W will be larger than the mean of Y if u = 0, smaller if u < 0 and equal to u if u > 0. O The mean of W will be larger than the mean of Y if u = 0, smaller if u > 0 and equal to u if u < 0. O The mean of W will be larger than the mean of Y if u < 0, smaller if u = 0 and equal to u if u > 0. (b) Use the theorem below to express E(W) = E(5Y) in terms of u, where u = E(Y). Let Y be a discrete random variable with probability function p(y), g(Y) be a function of Y, and c be a constant. Then E[cg(Y)] = cE[g(Y)]. E(W) = Does this result agree with your answer to part (a)? O Yes O No (c) Recalling that the variance is a measure of spread or dispersion, do you expect the variance of W to be larger than, smaller than, or equal to o? = v(Y)? Why? O The variance of W will be smaller than o?, since the spread of values of W has decreased. O The variance of W will be equal to o?, since the spread of values of W has not changed. O The variance of W will be larger than o, since the spread of values of W has decreased. O The variance of W will be larger than o?, since the spread of values of W has increased. O The variance of W will be smaller than o2, since the spread of values of W has increased.
Suppose that Y is a discrete random variable with mean u and variance o and let W = 5Y. (a) Do you expect the mean of W to be larger than, smaller than, or equal to µ = E(Y)? Why? O The mean of W will be larger than the mean of Y if u < 0, smaller if u > 0 and equal to u if u = 0. O The mean of W will be larger than the mean of Y if u > 0, smaller if u < 0 and equal to u if u = 0. O The mean of W will be larger than the mean of Y if u = 0, smaller if u < 0 and equal to u if u > 0. O The mean of W will be larger than the mean of Y if u = 0, smaller if u > 0 and equal to u if u < 0. O The mean of W will be larger than the mean of Y if u < 0, smaller if u = 0 and equal to u if u > 0. (b) Use the theorem below to express E(W) = E(5Y) in terms of u, where u = E(Y). Let Y be a discrete random variable with probability function p(y), g(Y) be a function of Y, and c be a constant. Then E[cg(Y)] = cE[g(Y)]. E(W) = Does this result agree with your answer to part (a)? O Yes O No (c) Recalling that the variance is a measure of spread or dispersion, do you expect the variance of W to be larger than, smaller than, or equal to o? = v(Y)? Why? O The variance of W will be smaller than o?, since the spread of values of W has decreased. O The variance of W will be equal to o?, since the spread of values of W has not changed. O The variance of W will be larger than o, since the spread of values of W has decreased. O The variance of W will be larger than o?, since the spread of values of W has increased. O The variance of W will be smaller than o2, since the spread of values of W has increased.
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...
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