Question
Examine the probability distribution shown below. Complete parts a through d. x P(x) 5 0.02 10 0.06 15 0.14 20 0.15 25 0.35 30 0.10
Examine the probability distribution shown below. Complete parts a through d.
x P(x) 5 0.02 10 0.06 15 0.14 20 0.15 25 0.35 30 0.10 35 0.08 40 0.05 45 0.02 50 0.03
a. Calculate the expected value and standard deviation for this random variable.
E(x)=
(Type an integer or a decimal.)
Part 2
x=
(Round to two decimal places as needed.)
Part 3
b. Denote the expected value as . Calculate and +.
=
(Round to two decimal places as needed.)
Part 4
+=
(Round to two decimal places as needed.)
Part 5
c. Determine the proportion of the distribution that is contained within the interval .
(Type an integer or a decimal.)
Part 6
d. Repeat part c for (1)2 and (2)3.
(1) Determine the proportion of the distribution that is contained within the interval
2.
(Type an integer or a decimal.)
Part 7
(2) Determine the proportion of the distribution that is contained within the interval
3.
(Type an integer or a decimal.)
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started