Compute the standard deviation of the random variable


The random variable x is the number of houses sold by a realtor in a single month at the real-estate office. Its probability distribution is:

Houses sold (x) Probability P(x)
0 0.09
1 0.24
2 0.21
3 0.17
4 0.03
5 0.15
6 0.09
7 0.02

a. Compute the mean of the random variable.
b. Compute the standard deviation of the random variable.

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Basic Statistics: Compute the standard deviation of the random variable
Reference No:- TGS0102174

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