Question 4
Given that x is the mean and σ2 is the variance of n observations x1, x2, ...,xn. Prove that the mean and variance of the observations ax1, ax2, ax3, ...., axn are a x and a2 σ2, respectively, (a ≠ 0).
SOLUTION
→→→→
Given that x is the mean and σ2 is the variance of n observations x1, x2, ...,xn. Prove that the mean and variance of the observations ax1, ax2, ax3, ...., axn are a x and a2 σ2, respectively, (a ≠ 0).