Math Problem Statement
Let be a random variable with the following probability distribution. Value x of X P(X=x) 0 0.10 10 0.25 20 0.05 30 0.15 40 0.30 50 0.15 Complete the following. (If necessary, consult a list of formulas.)
(a) Find the expectation E (X) of X.
(b) Find the variance Var (X) of X.
Solution
Let's calculate the expectation (mean) and the variance of the random variable based on the given probability distribution.
(a) Find the expectation of :
The expectation is given by the formula:
Using the given probability distribution:
Let's compute this:
So, the expectation .
(b) Find the variance of :
The variance is calculated using the formula:
First, we need to calculate :
So:
Let's compute this:
Now, using the variance formula:
Thus, the variance .
Summary:
- (a)
- (b)
Would you like more details or have any questions?
Here are 5 related questions you can explore:
- How is the expectation affected if all probabilities are doubled?
- What is the standard deviation based on this variance?
- How would you compute the cumulative distribution function (CDF) for this data?
- What is the skewness of this distribution?
- How does the variance change if the value of is reduced to ?
Tip: Variance is always a non-negative value because it represents the spread of the data around the mean.
Ask a new question for Free
By Image
Drop file here or Click Here to upload
Math Problem Analysis
Mathematical Concepts
Probability Theory
Statistics
Expectation
Variance
Formulas
Expectation: E(X) = Σx * P(X = x)
Variance: Var(X) = E(X^2) - [E(X)]^2
Theorems
-
Suitable Grade Level
Grades 10-12
Related Recommendation
Mean and Variance of a Discrete Random Variable with Given Probability Distribution
Calculate Expected Value, E(X^2), and Variance from Probability Distribution
Find the Variance of a Discrete Random Variable with Probability Distribution
Calculate Expectation and Variance of a Random Variable X
Finding the Expected Value E(X) of a Discrete Random Variable