Given the following probability distribution:
|
Distribution A
|
Distribution B
|
|
X
|
P(X)
|
X
|
P(X)
|
|
0
|
0.50
|
0
|
0.05
|
|
1
|
0.20
|
1
|
0.10
|
|
2
|
0.15
|
2
|
0.15
|
|
3
|
0.10
|
3
|
0.20
|
|
4
|
0.05
|
4
|
0.50
|
a. Compute the expected value for each distribution.
b. Compute the standard deviation for each distribution.
c. Compare and contrast the results of distributions A and B.