Answered step by step
Verified Expert Solution
Question
...
1 Approved Answer
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
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
Step by Step Solution
There are 3 Steps involved in it
Step: 1
![blur-text-image](https://dsd5zvtm8ll6.cloudfront.net/includes/images/document_product_info/blur-text-image.webp)
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
![blur-text-image](https://dsd5zvtm8ll6.cloudfront.net/includes/images/document_product_info/blur-subtext-image.webp)
Step: 3
![blur-text-image](https://dsd5zvtm8ll6.cloudfront.net/includes/images/document_product_info/blur-subtext-image.webp)
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started