Question: Compute the variances of the three random variables whose probability tables are given in Table 6. Relate the sizes of the variances to the spread
Compute the variances of the three random variables whose probability tables are given in Table 6. Relate the sizes of the variances to the spread of the values of the random variable.
Table 6 (a) (b) (c) Outcome 4 6 3 7 1 9 Probability .5 .5 .5 .5 .5 .5
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