Question: Standard deviation Consider a random variable with the following probability distribution: P(X=0) = 0.1 P(X=1) = 0.2 P(X=2) = 0.3 P(X=3) = 0.3 P(X=4) =

Standard deviation

Consider a random variable with the following probability distribution:

P(X=0) = 0.1

P(X=1) = 0.2

P(X=2) = 0.3

P(X=3) = 0.3

P(X=4) = 0.1

Find Stdev[X]to three decimal places.

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!