Find the expected value, variance, and standard deviation of X in the following probability distributions: a. P

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Find the expected value, variance, and standard deviation of X in the following probability distributions:
a. P (X = 1) = 0.05, P (X = 2) = 0.45, P (X = 3) = 0.30, P (X = 4) = 0.20
b. P (X = − 20) = 0.13, P (X = 0) = 0.58, P (X = 100) = 0.29
c. P (X = 0) = 0.368, P (X = 1) = 0.632
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Making Hard Decisions with decision tools

ISBN: 978-0538797573

3rd edition

Authors: Robert Clemen, Terence Reilly

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