Variance and Mean of Transformed Observations (… | ExamDuo
Variance, standard deviation and mean deviationMedium
Variance and Mean of Transformed Observations
Let x1, x2,......x10 be ten observations such that , , β > 2 and their variance is . If μ and σ2 are respectively the mean and the variance of 2(x1–1) + 4β, 2(x2–1) + 4β, ....., 2(x10 – 1) + 4β, then is equal to :