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Data Exercise 3 Mortgages Approved Frequency P(X = x i ) x i * P(X = x i ) [x i - E(X)] 2 [x
Data Exercise 3 | |||||
Mortgages Approved | Frequency | P(X = xi) | xi * P(X = xi) | [xi - E(X)]2 | [xi - E(X)]2*P(X = xi) |
0 | 3 | ||||
1 | 4 | ||||
2 | 8 | ||||
3 | 10 | ||||
4 | 15 | ||||
5 | 20 | ||||
6 | 24 | ||||
7 | 20 | ||||
Calculation | Result | ||||
Excercise 3a) | Expected Value | ||||
Excercise 3b) | Standard Deviation | ||||
Please help out for the expected value and standard deviration
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