When studying "Transforming variables" (meaning discrete and continuous random variables), I came across the following formulas:
$E(aX+b) = a \cdot E(X) + b$
$Var(aX+b) = a^2 \cdot Var(X)$
When trying to build an intuition, I built the following experiments, in order to test if these would actually match my assumption/calculation.
Experiment: Tossing a coin four times, and counting the number of tails (therefore X is the number of tails).
Using binomial distribution: The probability of success is 0.5 and the number of trials is 4. Therefore, $E(X) = np = 2$ and $Var(X) = np(1-p) = 2 \cdot 0.5 = 1$
Using the formulas for transforming variables: In this case, the expected value is $0.5$ and the $Var(X) = E(X^2) - \left[ E(X) \right]^2 = 0.25$. Given that we're calculating the number of tails four times in a row, we can state that $E(X+X+X+X) = E(4X) = 4E(X) = 4 \cdot 0.5 = 2$ (which matches the previous calculation with Binomial distribution) and $Var(X+X+X+X) = Var(4X) = 16 \cdot 0.25 = 4$ (which does not match).
Where did I go wrong?
Thank you.