Find the mean, variance and standard deviation for the probability distribution given below:
X | -2 | 3 | 12 | 9 |
P(X) | 0.556 | 0.109 | 0.206 | 0.129 |
Round to three decimal places.
A. Mean =
B. Variance =
C. Standard Deviation =
Solution:
x | P(x) | x * P(x) | x2 * P(x) |
-2 | 0.556 | -1.112 | 2.224 |
3 | 0.109 | 0.327 | 0.981 |
12 | 0.206 | 2.472 | 29.664 |
9 | 0.129 | 1.161 | 10.449 |
Sum | 1 | 2.848 | 43.318 |
Mean = X * P(X)
= 2.848
Variance
= X 2 * P(X) - 2
= 43.318 - (2.848)2 = 35.2069
Standard deviation = = 5.934
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