Let a data set have arithmetic mean xˉ and variance σ2.
(i) If each observation is increased by a non–zero constant k, show that the variance of the new data remains σ2.
(ii) If each observation is multiplied by a non–zero constant m, show that the variance of the new data becomes m2σ2.
(iii) Verify the conclusions of parts (i) and (ii) for the observations 3, 5, 7, 10 by taking k=4 and m=2. Calculate all variances explicitly.