Math Problem Statement
Solution
To solve part (a), we need to compute the expected value , the expected value of , and the variance .
1. Expected Value :
The expected value is given by the formula: where is the value of the random variable and is the probability associated with .
Given dataTo solve part (a), we need to compute the expected value , the expected value of , and the variance .
1. Expected Value :
The expected value is given by the formula: where is the value of the random variable and is the probability associated with .
Given
We calculate .
2. Expected Value of :
The expected value of is given by: We will calculate this value by squaring and multiplying by .
3. Variance :
Variance is calculated using: Once we compute and , we can find .
Let me compute these now.The calculations yield the following results:
- (rounded to three decimal places)
Would you like further clarification or additional details on any of these steps?
Here are some related questions to expand understanding:
- What is the interpretation of in probability distributions?
- How does relate to higher moments in statistics?
- Why is variance important in understanding a random variable's spread?
- What is the significance of calculating the second moment in probability?
- How would the results change if the probabilities were altered?
Tip: To compute variance, always remember that it reflects the spread of data around the mean, while captures the central tendency.
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Math Problem Analysis
Mathematical Concepts
Expected Value
Variance
Probability Distribution
Discrete Random Variables
Formulas
E(X) = Σ [x * f_X(x)]
E(X^2) = Σ [x^2 * f_X(x)]
V(X) = E(X^2) - [E(X)]^2
Theorems
Expected Value Theorem
Variance Theorem
Suitable Grade Level
Grades 11-12 or College
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