Explore BrainMass

Explore BrainMass

    Determining Expected Value and Standard Deviation

    Not what you're looking for? Search our solutions OR ask your own Custom question.

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    The following questions involve the random variable x with the probability distribution given below.

    x 2 3 5 7 10
    P(x) 0.1 0.2 0.4 0.1 0.2

    1. Determine the expected value of (x).
    2. Determine the standard deviation of (x)

    © BrainMass Inc. brainmass.com October 2, 2022, 5:09 am ad1c9bdddf

    Solution Summary

    This solution helps determine expected value and standard deviation.