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1.The following table shows part of the probability distribution for a random variable x. x P(x) 00.2 1? 20.15 3? 40.15 a. The mean of
1.The following table shows part of the probability distribution for a random variable x.
x P(x)
00.2
1?
20.15
3?
40.15
a. The mean of the above distribution is known to be 1.8 (i.e., E(x) = 1.8). Determine P (1) and P (3).
P(1) = 0.3
p(3) = 0.2
b. Compute the variance and the standard deviation for the above probability distribution
Variance = 1.86
What is the standard deviation for this probability distribution? Please explain in detail how to solve.
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