
Explanation:
Step-by-step solution:
Given: X = 2Y + 10, where Y has probability distribution:
Variance properties used:
Calculate V[X]: V[X] = V[2Y + 10] = 4V[Y] (since V[2Y] = 4V[Y] and V[Y+10] = V[Y])
Calculate V[Y] using formula: V[Y] = E[Y²] - (E[Y])²
Calculate E[Y]: E[Y] = (0.3 × 0) + (0.2 × 1) + (0.4 × 2) + (0.1 × 3) = 0 + 0.2 + 0.8 + 0.3 = 1.3
Calculate E[Y²]: E[Y²] = (0.3 × 0²) + (0.2 × 1²) + (0.4 × 2²) + (0.1 × 3²) = (0.3 × 0) + (0.2 × 1) + (0.4 × 4) + (0.1 × 9) = 0 + 0.2 + 1.6 + 0.9 = 2.7
Calculate V[Y]: V[Y] = E[Y²] - (E[Y])² = 2.7 - (1.3)² = 2.7 - 1.69 = 1.01 ≈ 1
Calculate V[X]: V[X] = 4V[Y] = 4 × 1 = 4
Key points:
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