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What would happen to the variance of a data set if we multiplied every observation by S?

User Ali Nawaz
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1 Answer

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The variance of a constant is zero. Rule 2. Adding a constant value, c, to a random variable does not change the variance, because the expectation (mean) increases by the same amount. ... Multiplying a random variable by a constant increases the variance by the square of the constant.
User Finlay McWalter
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