If the variance of observations $x_1, x_2, \dots, x_n$ is $\sigma^2$,then the variance of $ax_1, ax_2, \dots, ax_n$,where $a \neq 0$,is

  • A
    $\sigma^2$
  • B
    $a\sigma^2$
  • C
    $a^2\sigma^2$
  • D
    $\frac{\sigma^2}{a^2}$

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