Random Variables: Mean and Standard Deviation

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SUMMARY

The discussion focuses on calculating the mean and standard deviation of the total weight of a box containing six bags of potato chips, each bag having a mean weight of 10.72 ounces and a standard deviation of 0.2 ounces. The mean weight of the empty box is 10 ounces with a standard deviation of 0.05 ounces. The total mean weight of the box is calculated as 74.32 ounces. The standard deviation of the total weight is determined using the formula for the variance of independent random variables, resulting in a standard deviation of approximately 0.493 ounces.

PREREQUISITES
  • Understanding of Normal distribution
  • Knowledge of mean and standard deviation calculations
  • Familiarity with variance and its properties
  • Basic statistics concepts related to random variables
NEXT STEPS
  • Study the properties of Normal distribution in depth
  • Learn about variance and its calculation for independent random variables
  • Explore the Central Limit Theorem and its implications
  • Practice problems involving the sum of random variables and their distributions
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Students studying statistics, data analysts, and anyone involved in probability theory or statistical analysis of random variables.

SportsLover
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Homework Statement


The same potato chip company reports that their bags of family sized chips each follows an approx. Normal distribution with a mean of 10.72 ounces and a standard deviation of 0.2 ounces. If the company wants to ship these chips into boxes that contain 6 bags, what would be the mean and standard deviation of the total weight of a box containing 6 bags of chips? The empty boxes have a mean weight of 10 ounces and a standard deviation of 0.05 ounces

Homework Equations


Mean is affected by adding and multiplying
Standard Deviation is only affected by multiplying

The Attempt at a Solution


Mean = 10 +6(10.72)=74.32
Standard Deviation is where I am lost. I thought just 6(.2) but the answer is .493
 
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The standard variation of the sum of two stochastic variables is not the sum of the standard variations. You neeed to look at the variance.
 
SportsLover said:

Homework Statement


The same potato chip company reports that their bags of family sized chips each follows an approx. Normal distribution with a mean of 10.72 ounces and a standard deviation of 0.2 ounces. If the company wants to ship these chips into boxes that contain 6 bags, what would be the mean and standard deviation of the total weight of a box containing 6 bags of chips? The empty boxes have a mean weight of 10 ounces and a standard deviation of 0.05 ounces

Homework Equations


Mean is affected by adding and multiplying
Standard Deviation is only affected by multiplying

The Attempt at a Solution


Mean = 10 +6(10.72)=74.32
Standard Deviation is where I am lost. I thought just 6(.2) but the answer is .493
$$\text{Standard deviation} = \sqrt{\text{Variance}}.$$
What is the variance of a sum of independent random variables?
 

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