If two random variables X and Y are independent and have Nor
If two random variables X and Y are independent and have Normal distributions with means and variances X, Y, 2X, 2Y respectively then the distribution of aX + bY is also normal with mean aX + bY, and variance a22X + b22Y. Given that: X=30, Y= 10, 2X= 4, 2Y=9.
a.) Find the mean and standard deviation of 2X + 3Y
b.) Find the mean and standard deviation of 2X - 3Y
c.) Calculate P(15 < X - Y < 25)
Solution
