Question - Suppose you are drawing cards out of a 30 card deck. The following table reports the value of each type of card and the frequency of each type.
|
Value
|
Frequency
|
|
1
|
6
|
|
2
|
7
|
|
3
|
6
|
|
4
|
3
|
|
5
|
8
|
Are the card values discrete or continuous?
What is the expected value of single draw?
Is the expected value you found a value you could actually draw? Does it have to be?
What is the population variance?
What is the population standard deviation?
Draw the probability distribution of the cards.