Find the expected value, variance, and standard deviation of X in the following probability distributions: a. P
Question:
a. P (X = 1) = 0.05, P (X = 2) = 0.45, P (X = 3) = 0.30, P (X = 4) = 0.20
b. P (X = − 20) = 0.13, P (X = 0) = 0.58, P (X = 100) = 0.29
c. P (X = 0) = 0.368, P (X = 1) = 0.632
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a EX 005 1 045 2 0303 0204 005 090 090 080 265 Var X 005 12652 045 22652 03032652 02042652 0...View the full answer
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Making Hard Decisions with decision tools
ISBN: 978-0538797573
3rd edition
Authors: Robert Clemen, Terence Reilly
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