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Consider the population for a random variable X that denotes the number of children in young families in Victoria. For this question, this variable X
Consider the population for a random variable X that denotes the number of children in young families in Victoria. For this question, this variable X takes three values only in the population: 1, 2 and 3 children. The population distribution for this random variable is provided in the following table.
Value of X = x | Probability p(x) |
1 | 0.45 |
2 | 0.30 |
3 | 0.25 |
Calculate the mean, variance and standard deviation of the distribution for the sample mean
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