Question: Attempt all questions as per rubric. Weightage for each problem including case study is 10 marks. The maximum you can score is 50. Use Excel

Attempt all questions as per rubric. Weightage for each problem including case study is 10 marks. The maximum you can score is 50. Use Excel function wherever possible. Problem-1 The following table provides a probability distribution for the random variable x. x f(x) 2 0.20 4 0.30 7 0.40 8 0.10 a) Compute Expected value E(x). b) Compute Variance ( 2 ) and Standard Deviation ()

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