In: Statistics and Probability
Find the variance of the following data. Round your answer to one decimal place. x 3 4 5 6 7 8 P(X=x) 0.1 0.1 0.1 0.2 0.2 0.3
x |
3 |
4 |
5 |
6 |
7 |
8 |
P (X = x ) |
0.1 |
0.1 |
0.1 |
0.2 |
0.2 |
0.3 |
μ = E(X) = ∑ x ∙ P(X=x)
= ( 3 ∙ 0.1) + ( 4∙ 0.1) + (5∙ 0.1) + (6 ∙ 0.2 ) + ( 7 ∙ 0.2) + ( 8∙ 0.3)
= 0.3 + 0.4 + 0.5 + 1.2 + 1.4 + 2.4
μ = E(X) = 6.2
E(X²) = ∑ x² ∙ P(X=x)
= ( 9 ∙ 0.1) + ( 16∙ 0.1) + (25∙ 0.1) + ( 36 ∙ 0.2 ) + ( 49 ∙ 0.2) + ( 64 ∙ 0.3)
= 0.9 + 1.6 + 2.5 + 7.2 + 9.8 + 19.2
E(X²) = 41.2
Variance is given by;
V(X) = E(X²) - [ E(X) ]²
= 41.2 - [ 6.2 ]²
= 41.2 - 38.44
V(X) = 2.76