Consider the following data:
x 1 2 3 4 5
P(X=x) 0.2 0.2 0.2 0.2 0.2
Step 2 of 5 : Find the variance. Round your answer to one decimal place.
Solution:
x | P(x) | x * P(x) | x2 * P(x) |
1 | 0.2 | 0.2 | 0.2 |
2 | 0.2 | 0.4 | 0.8 |
3 | 0.2 | 0.6 | 1.8 |
4 | 0.2 | 0.8 | 3.2 |
5 | 0.2 | 1 | 5 |
Sum | 1 | 3 | 11 |
Mean = X * P(X)
= 3
Variance = 2 =
= X 2 * P(X) - 2
= 11 - (3)2 = 2
Variance = 2 = 2
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