Mathematics, 19.03.2020 02:32, Karamatullah

The total cost for a production process is equal to $1,000 plus two times the number of units produced. The mean and variance for the number of units produced are 500 and 900, respectively. Find the mean and variance of the total cost.

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The total cost for a production process is equal to $1,000 plus two times the number of units produc...