Compute the mean and variance of the following discrete probability distribution: x ................P(x) 2 ................0.5 8 ................0.3
Question:
Compute the mean and variance of the following discrete probability distribution:
x ................P(x)
2 ................0.5
8 ................0.3
10 .............0.2
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 50% (4 reviews)
Mean 54 Variance 1...View the full answer
Answered By
ANDREW KIPRUTO
Academic Writing Expert
I have over 7 years of research and application experience. I am trained and licensed to provide expertise in IT information, computer sciences related topics and other units like chemistry, Business, law, biology, biochemistry, and genetics. I'm a network and IT admin with +8 years of experience in all kind of environments.
I can help you in the following areas:
Networking
- Ethernet, Wireless Airmax and 802.11, fiber networks on GPON/GEPON and WDM
- Protocols and IP Services: VLANs, LACP, ACLs, VPNs, OSPF, BGP, RADIUS, PPPoE, DNS, Proxies, SNMP
- Vendors: MikroTik, Ubiquiti, Cisco, Juniper, HP, Dell, DrayTek, SMC, Zyxel, Furukawa Electric, and many more
- Monitoring Systems: PRTG, Zabbix, Whatsup Gold, TheDude, RRDtoo
Always available for new projects! Contact me for any inquiries
4.30+
1+ Reviews
10+ Question Solved
Related Book For
Basic Statistics For Business & Economics
ISBN: 9781259268939
6th Canadian Edition
Authors: Douglas A. Lind, William G Marchal, Samuel A. Wathen, Carol Ann Waite
Question Posted:
Students also viewed these Mathematics questions
-
Shirley Johnson, portfolio manager, has asked you to analyze a newly acquired portfolio to determine its mean value and variability. The portfolio consists of 50 shares of Xylophone Music and 40...
-
Compute the mean and variance of the following discrete probability distribution. x P(x) 2 .......5 8 .......3 10 .......2
-
Compute the mean and variance of the following discrete probability distribution. x P(x) 0 ....... .2 1 ....... .4 2 ....... .3 3 ....... .1
-
trade on the common stock of Taz, Inc. that have a strike price of $ 51.00 and a premium of $ 1.00 . In each of the next four parts, calculate the net profit (or loss) on the option position. Note:...
-
Referring to Table 16.1, specify which indicator or indicators you would use for the following titrations: (a) HCOOH versus NaOH, (b) HCl versus KOH, (c) HNO3 versus CH3NH2.
-
Another common performance Figure is MFLOPS (million of floating-point operations per second), defined as MFLOPS = No. FP operations / (execution time 106) but this figure has the same problems as...
-
Plaintiff sought to enforce against the defendant estate a promise made by his now-deceased uncle to pay Plaintiff a sum of money if Plaintiff refrained from the use of alcohol and tobacco for a...
-
Answer the following multiple-choice questions: a. In 2007 and 2008, Zoret Company reported earnings per share of $0.80 and $1.00, respectively. In 2009, Zoret Company declared a 4-for-1 stock split....
-
2. In the system below, the coefficient of friction between the block and the table is 0.2. T2 2 kg 5 kg Find the acceleration of the system and the tensions T1 and T2. 10 kg [8]
-
Please solve this problem using C language Hacker Industries has a number of employees. The company assigns each employee a numeric evaluation score and stores these scores in a list. A manager is...
-
Three tables listed below show random variables and their probabilities. However, only one of these is actually a probability distribution. a.?Which of the above tables is a probability...
-
Sam Simone is the manager of a family-run pet store. He is deciding whether to open an hour later on Sundays. From past sales on Sundays he has determined that the probability of zero sales during...
-
True or false: (a) A device connected to a data bus should have tristate outputs. (b) Bus contention occurs when more than one device takes data from the bus. (c) Larger units of data can be...
-
An article in the New York Times in mid-2012 noted, with the economy still struggling and new regulations meant to eliminate bad lending, bank loans continue to lag. a. What does the article mean by...
-
What is the lifetime unified credit amount for 2017 and its related exclusion equivalent?
-
Steven had a taxable estate of $8,850,000 when he died in 2017. If he had no prior taxable gifts, what is his net estate tax liability?
-
An estate has $20,000 of taxable income in 2017. What amount of tax will the estate pay if it fails to distribute the income to the beneficiaries?
-
John is a teacher at a local high school. During 2017, he travels three days per week to a school in the next county to work with gifted children in an after-school program that does not end until...
-
A fully amortized asset has a cost of $100,000 and zero residual value. 1. What is the asset's accumulated amortization? What is its carrying value? 2. The asset cost $100,000. Now suppose its...
-
If a and b are positive numbers, find the maximum value of f ( x ) = x a (9 x ) b on the interval 0 x 9.
-
The mean price of the fish in a pet shop is $2.17, and the standard deviation of the price is $0.55. If the owner decides to triple the prices, what will be the mean and standard deviation of the new...
-
The mean and standard deviation of the bonuses that the employees of a company received 10 years ago were, respectively, $2,000 and $325. Today the amount of the bonuses is 5 times what it was 10...
-
Define percentile rank.
-
Product launch failing to comply to regulations or standards Brief product description & company descriptions Detailed explanation of situation and which regulations were in question. why did the...
-
Finely shredded waxed paper is fed to a continuous countercurrent extraction system at the rate of 40 kg/hr. Since wax is infinitely soluble in kerosene, the paper is to be de-waxed using kerosene...
-
es Liz's Health Food Store has estimated monthly financing requirements for the next six months as follows: January February March $9,600 April $9,600 3,600 4,600 May 10,600 June 5,600 Short-term...
Study smarter with the SolutionInn App