Question: Let X denote a random variable that takes on any of the values -1,0, and 1 with respective probabilities Exercise Let X denote a random
Let X denote a random variable that takes on any of the values -1,0, and 1 with respective probabilities

Exercise Let X denote a random variable that takes on any of the values -1, 0, and 1 with respective probabilities P{X = -1} =0.2, P{X = 0} = 0.5, P{X = 1} = 0.3. Find the expectation E(X) and the variance Var(X) of X respectively
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
