Find mean and the standard deviation of given distribution

Reference no: EM131423233

Work with a transformation. Here is a probability distribution for a random variable X:

Value of X	1	2
Probability	0.4	0.6

(a) Find the mean and the standard deviation of this distribution.

(b) Let Y = 3X - 2. Use the rules for means and variances to find the mean and the standard deviation of the distribution of Y.

Reference no: EM131423233

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