Home / Expert Answers / Statistics and Probability / mean-values-and-standard-deviations-are-as-follows-1-2301-102-2602-pa796

(Solved): mean values and standard deviations are as follows: 1=2301=102=2602= ...




mean values and standard deviations are as follows:
\[
\begin{array}{lll}
\mu_{1}=230 & \mu_{2}=260 & \mu_{3}=110 \\
\sigma_{

mean values and standard deviations are as follows: (a) Assuming that are independent, calculate the expected value and variance of the total volume shipped. [Hint: Volume (b) Would your calculations necessarily be correct if the s were not independent? Explain. Neither the expected value nor the variance would be correct. The expected value would not be correct, but the variance would be correct. The expected value would be correct, but the variance would not be correct. Both the expected value and the variance would be correct.


We have an Answer from Expert

View Expert Answer

Expert Answer


(A)Given dataE(X1)=230,E(X2)=260,E(X3)=110V(X1)=102,V(X2)=122,V(X3)=82The total volume is V=27X1+125X2+512X3 and X1, X2, X3 are independent.The exp
We have an Answer from Expert

Buy This Answer $5

Place Order

We Provide Services Across The Globe