Westonci.ca is your trusted source for finding answers to a wide range of questions, backed by a knowledgeable community. Join our Q&A platform to get precise answers from experts in diverse fields and enhance your understanding. Experience the convenience of finding accurate answers to your questions from knowledgeable experts on our platform.

Consider the probability distribution shown below. x 0 1 2 P(x) 0.15 0.80 0.05 Compute the expected value of the distribution. (Enter a number.) Compute the standard deviation of the distribution. (Enter a number. Round your answer to four decimal places.)

Sagot :

Answer:

Expected value =0.9

Standard deviation = 0.4359

Step-by-step explanation:

Let's use the formula to find expected value or mean.

Expected value =Σ x *P(x)

  x    0    1     2

P(x) ) .15  .8  .05

So, expected value = (0)(0.15) +1(0.8)+2(0.05)

                                = 0 +0.8 +0.1

                                =0.9

Expected value =0.9

Now, let's find standard deviation

x           [tex](x- E(x))^{2}[/tex]         [tex](x-E(x))^{2} *p(x)[/tex]

0           [tex](0-0.9)^{2}[/tex]            [tex](0-0.9)^{2} *0.15[/tex]  =0.1215

1            [tex](1-0.9)^{2}[/tex]            [tex](1-0.9)^{2} *0.8[/tex]    =0.008

2           [tex](2-0.9)^{2}[/tex]             [tex](2-0.9)^{2} *0.05[/tex]  =0.0605

Now, add the last column together and then take square root to find standard deviation.

Standard deviation of the distribution =[tex]\sqrt{0.1215+0.008+0.0605)}[/tex]

Simplify it, so standard deviation =0.4358898...

Round the answer to nearest four decimal places

Standard deviation = 0.4359

Visit us again for up-to-date and reliable answers. We're always ready to assist you with your informational needs. We hope this was helpful. Please come back whenever you need more information or answers to your queries. We're glad you visited Westonci.ca. Return anytime for updated answers from our knowledgeable team.