Question: The previous exercise gave the formula for the standard deviation of a discrete random variable X. Lets look at a simple case. Suppose X is

The previous exercise gave the formula for the standard deviation of a discrete random variable X. Let’s look at a simple case. Suppose X is a binary random variable where X = 1 with probability p and X = 0 with probability (1 - p).
a. Show that the mean of X is equal to p. 

b. Since (x - ц)2 equals (0 - p)2 = p2 when x = 0 and (1 - p)2 when x = 1, derive that σ2 = p(1 - p) and σ = √p(1 - p), the special case of the binomial s with n = 1.

Step by Step Solution

3.50 Rating (163 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

a 0 1 p 1 p ... View full answer

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 Statistics The Art and Science Questions!