Consider the following discrete probability distribution: Outcome Probability 10 0.10 15 0.30 20 0.20 25 0.30 30
Question:
Consider the following discrete probability distribution:
Outcome Probability 10 0.10 15 0.30 20 0.20 25 0.30 30 0.10
a. Calculate the mean of this distribution.
b. Calculate the standard deviation of this distribution.
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