Find the mean, variance and standard deviation for the probability distribution given below:
X | 0 | 5 | 8 | 10 |
P(X) | 0.598 | 0.136 | 0.208 | 0.058 |
A. Mean =
B. Variance =
C. Standard Deviation =
Solution:
x | P(x) | x * P(x) | x2 * P(x) |
0 | 0.598 | 0 | 0 |
5 | 0.136 | 0.68 | 3.4 |
8 | 0.208 | 1.664 | 13.312 |
10 | 0.058 | 0.58 | 5.8 |
Sum | 1 | 2.924 | 22.512 |
A.
Mean = X * P(X)
= 2.924
B.
Variance
= X 2 * P(X) - 2
= 22.512 - (2.924)2 = 13.96222
c.
Standard deviation = = 3.7366
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