The following table provides a probability distribution for the random variable y Y f(y) 2 20 4 30 7 40 8 10 a Compute E(y) b Compute Var(y) and ( ...

a y fy yfy 2 2 4 4 3 12 7 4 28 8 1 8 ...

The following table provides a probability distribution for the random variable y. Y ................... f(y) 2 .....................

Question:

The following table provides a probability for the random variable y.
Y ................... f(y)
2 ..................... 20
4 .................... 30
7 ................... 40
8 ................... 10
a. Compute E(y).
b. Compute Var(y) and (?
Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...