
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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Transcribed Image Text:The mean of X = 10 and the standard deviation of X = 2. The variable X is linearly transformed
such that Xnew = a + bX. The mean of Xnew = 800 and the variance of Xnew = 100. Suppose b is a
negative number. What does a equal?
4.
The mean of X = 5 and the variance of X = 4. The variable X is linearly transformed such that
Xnew = a + bX. The mean of Xnew = 400 and the standard deviation of Xnew = 6. Suppose b is a
negative number. What does a equal?
5.
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