Suppose that the probability distribution of a random variable x can be described by the formula P(x)

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Suppose that the probability distribution of a random variable x can be described by the formula
P(x) = (x - 3)2 / 55
for each of the values x = - 2, - 1, 0, 1. and 2.
a. Write the probability distribution of x.
b. Show that the probability distribution of x satisfies the properties of a discrete probability distribution.
c.
Calculate the mean of x.
d. Calculate the variance and standard deviation of x. Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
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Business Statistics In Practice

ISBN: 9780073401836

6th Edition

Authors: Bruce Bowerman, Richard O'Connell

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