Suppose P (X {1, 2, 3}) = 1 and E X = 2.5. What are the
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Suppose P (X ∈ {1, 2, 3}) = 1 and E X = 2.5. What are the smallest and largest possible values for the variance?
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Intuitively the smallest will occur when PX 2 PX 3 12 and the ...View the full answer
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