The director of admissions at Kinzua University in Nova Scotia estimated the distribution of student admissions for the fall semester on the basis of past experience.
Admissions | Probability |
1,400 | .5 |
1,500 | .3 |
1,200 | .2 |
What is the expected number of admissions for the fall semester? Compute the variance and the standard deviation of the number of admissions. (Round your standard deviation to 2 decimal places.) |
X : student admissions for the fall semester
And the Probability Distribution is
Given
x:Admissions | P(x):Probability |
1,400 | 0.5 |
1,500 | 0.3 |
1,200 | 0.2 |
Expected number of admissions for the fall semester = E(X)
Expected number of admissions for the fall semester = 1390
Variance of the number of admissions = Var(X)
Var(X) = E(X2) - E(X)2
Var(X) = E(X2) - E(X)2 = 1943000-13902 = 1943000-1932100 = 10900
Variance of the number of admissions = 10900
Expected number of admissions for the fall semester = 1390
Variance of the number of admissions = 10900
Standard deviation of the number of admissions =104.40
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