Question

given the discrete probability distribution below: x 10 20 30 40 50 P(x) 0.3 0.05 0.1...

given the discrete probability distribution below:

x 10 20 30 40 50
P(x) 0.3 0.05 0.1 0.05 0.2

calculate:

a. E(x)

b. Var(x)

c. σx

Homework Answers

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Suppose X is a discrete random variable with probability mass function given by p (1) =...
Suppose X is a discrete random variable with probability mass function given by p (1) = P (X = 1) = 0.2 p (2) = P (X = 2) = 0.1 p (3) = P (X = 3) = 0.4 p (4) = P (X = 4) = 0.3 a. Find E(X^2) . b. Find Var (X). c. Find E (cos (piX)). d. Find E ((-1)^X) e. Find Var ((-1)^X)
1. Find the missing value indicated by (A) to make this a valid discrete probability distribution....
1. Find the missing value indicated by (A) to make this a valid discrete probability distribution. x -10 30 50 90 100 P(X=x) 0.05 0.10 0.25 0.15 A 2. Calculate the mean of the random variable associated with the following discrete probability distribution. Do not round your answer. x -1 0 1 P(X=x) 0.5 0.2 0.3
Analyze the scenario and complete the following: Complete the discrete probability distribution for the given variable....
Analyze the scenario and complete the following: Complete the discrete probability distribution for the given variable. Calculate the expected value and variance of the discrete probability distribution. The value of a ticket in a lottery, in which 2,000 tickets are sold, with 1 grand prize of $2,500, 10 first prizes of $450, 20 second prizes of $125, and 55 third prizes of $40. i. xx 0 40 125 450 2,500 P(x)P(x) Round probabilities to 4 decimal places ii. E(X)E(X) =...
You are given the following Discrete Probability Distribution p(x) Row x P(x) 1 1 0.1 2...
You are given the following Discrete Probability Distribution p(x) Row x P(x) 1 1 0.1 2 2 0.156 3 3 0.147 4 4 0.2 5 5 0.222 6 6 0.056 7 7 0.02 8 8 0.099 1 Provide the following: Mean (Expected value) Variance Standard Deviation Graph (Histogram) of the Probability Distribution
The following table denotes the probability distribution for a discrete random variable X. x -2 0...
The following table denotes the probability distribution for a discrete random variable X. x -2 0 1 2 9 p(x) 0.1 0.3 0.2 0.3 0.1 The standard deviation of X is closest to Group of answer choices 3.74 4.18 2.77 7.65 11
Analyze the scenario and complete the following: Complete the discrete probability distribution for the given variable....
Analyze the scenario and complete the following: Complete the discrete probability distribution for the given variable. Calculate the expected value and variance of the discrete probability distribution. The value of a ticket in a lottery, in which 2,000 tickets are sold, with 1 grand prize of $4,000, 10 first prizes of $300, 30 second prizes of $100, and 65 third prizes of $20. i. x 0 20 100 300 4,000 P(x) ? ? ? ? ? The above is also...
Given below is a bivariate distribution for the random variables x and y f(x,y) x y...
Given below is a bivariate distribution for the random variables x and y f(x,y) x y 0.3 80 70 0.4 30 50 0.3 50 60 a. Compute the expected value and the variance for x and y E(x)= E(y)= Var(x)= Var(y)= b. Develop a probability distribution for x+y x+y f(x+y) 150 80 110 c. Using the result of part (b), compute E(x+y) and Var(x+y) . E(x+y) Var(x+y) d. Compute the covariance and correlation for x and y. If required, round...
The probability distribution for the daily sales at Michael's Co. is given below. Daily Sales (In...
The probability distribution for the daily sales at Michael's Co. is given below. Daily Sales (In $1,000s) Probability 40 0.1 50 0.4 60 0.3 70 0.2 What is the variance of the above distribution?
approximate the following binomial probabilities for this continuous probability distribution p(x=18,n=50,p=0.3) p(x>15,n=50,p=0.3) p(x>12,n=50,p=0.3) p(12<x<18,n=50,p,=0.3)
approximate the following binomial probabilities for this continuous probability distribution p(x=18,n=50,p=0.3) p(x>15,n=50,p=0.3) p(x>12,n=50,p=0.3) p(12<x<18,n=50,p,=0.3)
Consider the following discrete probability distribution. x −15      −5      15      20      P(X...
Consider the following discrete probability distribution. x −15      −5      15      20      P(X = x) 0.52      0.13      0.16      . Complete the probability distribution. (Round your answer to 2 decimal places.)   P(X = 15)    c. What is the probability that the random variable X is positive? (Round your answer to 2 decimal places.)   Probability    d. What is the probability that the random variable X is greater than −10? (Round your answer to 2...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT