Question

In: Statistics and Probability

1. For the following probability distribution find the mean, variance, and standard deviation. (complete the chart)....

1. For the following probability distribution find the mean, variance, and standard deviation. (complete the chart).

X    p(x) x.p(x) x-μ (x-μ)square root of 2 (x-μ)square root of 2 .p(x)

0 0.125

1 0.375

2 0.375

3 0.125

Mean=

Variance=

Standard deviation=

Solutions

Expert Solution

Solution,

x p(x) x * p(x) x2 * p(x)
0 0.125 0 0
1 0.375 0.375 0.375
2 0.375 0.750 1.50
3 0.125 0.375 1.125
1.0 1.50 3.0

a) mean = u = x * p(x) = 1.50

b) variance = 2 = x2 * p(x) - (u)2

variance = 2 = 3 - ( 1.5)2

variance = 2 = 3 - 2.25

variance = 2 = 0.75

c) standard deviation = = x2 * p(x) - (u)2

standard deviation = = 3 - ( 1.5)2

standard deviation = = 3 - 2.25

standard deviation = = 0.75

standard deviation = = 0.866


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