A company is collecting data on number of call-outs employees are making yearly. These call outs also known as occurrences are outside the normal six days each employee gets a year. Below is a representation of that data showcasing the number of this occurrences tied to the age of the employee. Create a probability distribution table. Use the probability distribution to find the mean, variance, and standard deviation of the probability distribution.
Age |
19 |
20 |
21 |
22 |
23 |
24 |
25 |
26 |
Number of occurrences |
33 |
46 |
31 |
35 |
25 |
52 |
9 |
12 |
dividing each number of occurence with total frequency of 243:
below is probability distribution of Age(x):
x | P(x) |
19 | 0.1358 |
20 | 0.1893 |
21 | 0.1276 |
22 | 0.1440 |
23 | 0.1029 |
24 | 0.2140 |
25 | 0.0370 |
26 | 0.0494 |
from above
expected value =E(X)=ΣxP(x)=19*0.1358+20*0.1893+21*0.1276+22*0.1440+23*0.1029+24*0.2140+25*0.0370+26*0.0494 =21.9259
E(X2)=Σx2P(x)=192*0.1358+202*0.1893+212*0.1276+222*0.1440+232*0.1029+242*0.2140+252*0.0370+262*0.0494 =484.9300
Variance =E(x2)-(E(x))2=4.1838
standard deviation =√σ =2.0454
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