Probability distribution for the random variable


Shown is a probability distribution for the random variable x.

x f(x)

3 ...................0.25

6 ....................0.50

9 ...................0.25

Total 1.00

a. Compute E(x), the expected value of x.

b. Compute If2, the variance of x.

c. Compute If, the standard deviation of x.

Solution Preview :

Prepared by a verified Expert
Finance Basics: Probability distribution for the random variable
Reference No:- TGS0681450

Now Priced at $15 (50% Discount)

Recommended (98%)

Rated (4.3/5)