Question: 1.Consider the probability distributionbelow x probability p(x) 0 0.8 51 0.2 what is the population mean? 2.What is the mean of a random variable with
1.Consider the probability distributionbelow
x probability p(x)
0 0.8
51 0.2
what is the population mean?
2.What is the mean of a random variable with probability distribution?
x 0 44
p(x) 0.9 0.1
3.What is the standard deviation of the return of an investment
if the investment has the probability distribution?
x 19 99
p(x) 0.9 0.1
Hint thepopulatiom mean is 27
4.Consider the probability distribution below
x probability p(x)
4.7 0.8
6.2 0.2
what is the standard deviation?
Hint: the population mean is 5
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