In: Statistics and Probability
The following table provides a probability distribution for the random variable y.
y f(y)
2 0.10
4 0.20
7 0.40
9 0.30
a. Compute E(y) (to 1 decimal).
b. Compute Var(y) and ? (to 2 decimals). Var(y) ?
Solution:
Given that,
y P(y) Y P ( y ) Y2 P ( y )
2 0.10 0 .20 0.40
4 0.20 0.80 3.20
7 0.40 2.80 19.60
9 0.30 2.70 24.30
1 6.50 47.50
a ) Mean = = x P (x ) = 6.50
b ) Standard daviation = = x2 P (x ) - ( )2
= 47.50 - ( 6.50 )2
= 47.50 - 42.25
= 5.25
= 2.29