For certain ore samples, the proportion Y of impurities per sample is a random variable with density function
f(y) =
|
0 ≤ y ≤ 1, | ||
0, | elsewhere. |
The dollar value of each sample is
W = 8 − 0.8Y.
Find the mean and variance of W. (Round your answers to four decimal places.)
E(W) = V(W) =
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