Question: Below is a table showing the probability distribution for the

Below is a table showing the probability distribution for the random variable “number of stocks doubling in value” described in Exercise 5.
Number of Stocks Doubling Probability
X P(x)
0................ .0640
1................. 2880
2................. 4320
3................. 160
a. Graph the distribution.
b. Compute the mean (expected value), the variance and the standard deviation for the random variable.

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  • CreatedJuly 16, 2015
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