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7) If Y is a continuous random variable with mean and variance 2 and if a and b
are constants, prove the following.
a) E(aY + b) = aE(Y ) + b = a + b.
b) V (aY + b) = a2 V (Y ) = a2 2 .
8) Suppose Y has density function
k, if 2 y 2
f (y) =
0, otherwise.