Given the following probability distribution, calculate the variance.
x |
P(x) |
1 |
0.123 |
2 |
0.238 |
3 |
0.542 |
4 |
0.097 |
Solution:
x | P(x) | x * P(x) | x2 * P(x) |
1 | 0.123 | 0.123 | 0.123 |
2 | 0.238 | 0.476 | 0.952 |
3 | 0.542 | 1.626 | 4.878 |
4 | 0.097 | 0.388 | 1.552 |
Sum | 1 | 2.613 | 7.505 |
Mean = X * P(X)
= 2.613
Variance =
= X 2 * P(X) - 2
= 7.505 - (2.613)2 = 0.677231
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