Suppose X, Y, and Z are three independent normal random variables. X has an expected value of 7 and a standard deviation of 2; Y has an expected value of -2 and a standard deviation of 4; Z has an...


Suppose X, Y, and Z are three independent normal random variables. X has an expected value of 7 and a standard deviation of 2; Y has an expected value of -2 and a standard deviation of 4; Z has an expected<br>value of 5 and a standard deviation of 12. Let T = 3X + 12Y - 2Z<br>Variable<br>X<br>Y<br>Mean(Expected Value)<br>7<br>-2<br>Standard Deviation<br>2<br>4<br>12<br>Coefficient<br>3<br>12<br>-2<br>a) What is the expected value of T?<br>b) What is the variance of Z?<br>c) What is the variance of T?<br>d) What is the standard deviation of T?<br>N LO<br>

Extracted text: Suppose X, Y, and Z are three independent normal random variables. X has an expected value of 7 and a standard deviation of 2; Y has an expected value of -2 and a standard deviation of 4; Z has an expected value of 5 and a standard deviation of 12. Let T = 3X + 12Y - 2Z Variable X Y Mean(Expected Value) 7 -2 Standard Deviation 2 4 12 Coefficient 3 12 -2 a) What is the expected value of T? b) What is the variance of Z? c) What is the variance of T? d) What is the standard deviation of T? N LO

Jun 09, 2022
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