Question

Consider the discrete random variable X given in the table below. Calculate the mean, variance, and...

Consider the discrete random variable X given in the table below. Calculate the mean, variance, and standard deviation of X.

X 2 3 8 10 16 18 20
P(X) 0.13 0.11 0.37 0.08 0.13 0.09 0.09



μ =
σ2 =
σ =


What is the expected value of X?


(All answers should be rounded to one more decimal place than the raw data.) (Remember to perform all calculations before rounding to avoid a rounding error.)

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Answer #1

The mean here is computed as:

The second moment now is computed here as:

Now the variance here is computed as:

The standard deviation is now obtained as:

Note that the expected value is equal to the mean which is 9.85 here.

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