Question: 7. Complete the table below and use the results to answer the following questions (see page 190). p(x) xp(x) x2 p(x ) ( x -14

 7. Complete the table below and use the results to answerthe following questions (see page 190). p(x) xp(x) x2 p(x ) (

x -14 ) ( x - 14 ) ? ( x -14 ) 2 p ( * * ) 0 0.20 2 0.60

7. Complete the table below and use the results to answer the following questions (see page 190). p(x) xp(x) x2 p(x ) ( x -14 ) ( x - 14 ) ? ( x - 14 ) 2 p ( * * ) 0 0.20 2 0.60 4 0.20 Total Exp(x) [x2 p(x) E(x - 1) - P(x) a. Use this formula to calculate the expected value (mean) of the random variable x: u = Exp(x) b. Use this formula to calculate the variance of the random variable x: 62 = [x2 p( x ) - 12c. Use this formula to find the variance of the random variable x: 02 =Z(x#}2 pm. d. Which one of the formulas do you prefer and why

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Mathematics Questions!