For two independent variables X and Y we have VarX 12 VarY
For two independent variables, X and Y, we have Var(X) = 12, Var(Y) = 17. Find Var(4X – Y).
Solution
For two independent variables, X and Y, we have Var(X) = 12, Var(Y) = 17. Find Var(4X – Y).
since X and Y are independent, we are using this formula: Var(aX-Y) = a2 Var(X) + Var(Y)
Var(4X-Y) = 16 Var(X) + Var(Y)
=16*12+17
=209
