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QUESTION 5 The table below gives the distribution of the number of projects Z approved per year. The listing in this table is collectively exhaustive
QUESTION 5
The table below gives the distribution of the number of projects Z approved per year. The listing in this table is collectively exhaustive because all the possible outcomes are included, thus, the probabilities sum to 1.
Projects per year (Z) | P(Z) |
1 | 0.15 |
2 | 0.06 |
3 | 0.10 |
4 | 0.04 |
5 | 0.20 |
6 | 0.25 |
7 | 0.10 |
8 | 0.10 |
The expected value, the variance and standard deviation of Z are:
A. | E(Z)=4.73 , = 3.29774, and =1.81596 | |
B. | E(Z)=4.73 , = 3.00943, and =1.73477 | |
C. | E(Z)=4.73 , = 3.64944, and =1.91035 | |
D. | E(Z)=4.73 , = 3.57900, and =1.89182 |
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