Question: Thorough explanation and answer please, will rate quickly: The following table provides a probability distribution for the random variable y. for) 0.20 0.40 0.10 8

Thorough explanation and answer please, will rate quickly:

The following table provides a probability distribution for the random variable y. for) 0.20 0.40 0.10 8 0.30 (a) Compute E(y). 50') = (b) Compute Var(y) and a. (Round your answer for 0' to two decimal places.) Var(y) = 0' =

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