Math Problem Statement
Let X be a random variable with the following probability distribution value exit X -3 is 0.30 -2 is 0.15 -1 is 0.30 and zero is 0.25 find the variance var(x) of x
Solution
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Math Problem Analysis
Mathematical Concepts
Probability Theory
Expected Value
Variance
Formulas
Variance formula: Var(X) = E(X^2) - (E(X))^2
Theorems
-
Suitable Grade Level
Undergraduate
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