Question: The following table provides a probability distribution for the random variable y . y f(y) 1 0.20 4 0.30 6 0.40 8 0.10 (a) Compute
The following table provides a probability distribution for the random variable y.
| y | f(y) |
| 1 | 0.20 |
| 4 | 0.30 |
| 6 | 0.40 |
| 8 | 0.10 |
| (a) | Compute E(y). If required, round your answer to one decimal place. | ||||||
| (b) | Compute Var(y) and . If required, round your answer to two decimal places. | ||||||
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