Question: Find the expected value of the random variable. Also find the variance of the random variable and its standard deviation. XP(x) 0 ....0.3 1 ....0.2

Find the expected value of the random variable. Also find the variance of the random variable and its standard deviation.

XP(x)

0 ....0.3

1 ....0.2

2 ....0.2

3 ....0.1

4 ....0.1

5 ....0.1

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