Suppose $X$ is a random variable with mean $\mu$ and variance $\sigma^2.$ Let $$Z = \frac{X-\mu}{\sigma}.$$
Derive the expected value and variance of $Z$. Remember to justify all non-algebraic steps.
I thought that I could just plug in the value of $Z$ and find the expected value, but that's not it I don't think. This is just stumping me.
