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If X and Y Are Random Variables with E(X) =7

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Short Answer

If X and Y are random variables with E(X) =7 and E(Y) = 3, then E(2X + 3Y) is:  A. 10. B. 23. C. 27. D. 21.\begin{array} { | l | l | } \hline \text { A. } & 10 . \\\hline \text { B. } & 23 . \\\hline \text { C. } & 27 . \\\hline \text { D. } & 21 . \\\hline\end{array}


Definitions:

BCG Matrix

A strategic business tool developed by the Boston Consulting Group to help organizations allocate resources among different business units based on market growth rate and market share.

Market Share

The percentage of an industry's sales that a particular company controls.

Significant Resources

Significant resources refer to substantial or important assets, financial or otherwise, that are available for use by individuals, organizations, or nations.

Low-growth Markets

Markets characterized by slow or no growth in terms of sales or customer base, often saturating or mature industries.

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