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[hint: calculators can be used for this as if it were a weighted mean (see chapter 3):X goes in L1, and P(x) goes in L2.)]

[hint: calculators can be used for this as if it were a weighted mean (see chapter 3):X goes in L1, and P(x) goes in L2.)] Consider the following discrete probability distribution:

X -0.63 0.30 0.57 1.2
P(X) 0.1 0.4 0.3 0.2

a) What is the expected value of X?

Round your answer to at least3 decimal places.

b) What is the Variance of X?

Round your answer toat least 3 decimal places.

c) What is the Standard Deviation of X?

Round your answer toat least 3 decimal places.

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