Question: Consider the probability distribution shown below. x 0 1 2 P ( x ) 0.05 0.70 0.25 Compute the expected value of the distribution. (Enter
Consider the probability distribution shown below.
| x | 0 | 1 | 2 |
|---|---|---|---|
| P(x) | 0.05 | 0.70 | 0.25 |
Compute the expected value of the distribution. (Enter a number.) Compute the standard deviation of the distribution. (Enter a number. Round your answer to four decimal places.)
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
