SOLUTION: Suppose Z is a standard normal random variable and let Y = aZ +b, where a > 0 and b are constants. (a) Show that MY (t) = exp {bt + a 2 t 2 2 }. (b) Calculate the probabil

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Question 1193884: Suppose Z is a standard normal random variable and let Y = aZ +b, where a > 0 and b are constants.
(a) Show that MY (t) = exp {bt +
a
2
t
2
2
}.
(b) Calculate the probability, P(1.2 < Y < 7) if Y ∼ N(3, 4

Answer by ikleyn(52786)   (Show Source): You can put this solution on YOUR website!
.

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