A random variable X has a mean of 10 and a standard deviation of 3. A random variable Y has a mean of 15 and a standard deviation of 4. What is the standard deviation of the combined random variable X+Y?
Assuming X & Y are INDEPENDENT random variables, then: var( X + Y ) = var(X) + var(Y) Thus, the var(X+Y) = 9 + 16 = 25 And, as a result (taking the square root of the variance), the standard deviation of "X+Y" is equal to 5. Does this help?
Yes thank you!
The important thing to remember is that when dealing with INDEPENDENT random variables, their variances are additive. Thus, to calculate their standard deviation you have to: 1.) Square the two standard deviations 2.) Add the results together 3.) Then take the square root of the variance.
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