In: Statistics and Probability
Probability:
Y is a normal random variable with ? = 0 and ?^2 = 1.
SOLVE FOR expectation E[Y] and variance Var(Y).
Here, our random variable Y is a Standard Normal Random Variable.
We have to solve for E(Y) and Var(Y).
The detailed procedure to answer the given question is as given in the images below:-
Hence, E(Year)= 0 and Var(Y)=1
This answers your question.
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