Given the mean of the seven observations is 8:
72+4+α+8+β+12+14=8
740+α+β=8
α+β=16
Given the variance of the observations is 16:
n∑xi2−(Mean)2=16
722+42+α2+82+β2+122+142−82=16
74+16+α2+64+β2+144+196−64=16
7424+α2+β2=80
424+α2+β2=560
α2+β2=136
Using the identity (α+β)2=α2+β2+2αβ:
162=136+2αβ
256=136+2αβ
2αβ=120⇒αβ=60
Solving for α and β, they are the roots of the equation t2−16t+60=0, which are 6 and 10.
Since α<β, we have α=6 and β=10.
The roots of the required quadratic equation are 3α+2 and 2β+1:
3α+2=3(6)+2=20
2β+1=2(10)+1=21
Sum of the roots =20+21=41
Product of the roots =20×21=420
The required quadratic equation is x2−(Sum)x+(Product)=0:
x2−41x+420=0
Answer: x2−41x+420=0