expected value and variance of randoam variable

Related BrainMass Solutions

• Expected value, variance, standard deviation

  value= 6.00 Variance= 4.50 Standard deviation=square root of Variance= 2.12 =square root of 4.5 The expected value, variance, and the standard deviation are calculated given the probability distribution for the random variable.

• expected value and variance of discrete random variable

  The solution provides detailed calculations of expected value and variance of discrete random variable.

• Expected value and variance

  31313 Expected value and variance The number of winter storms in a good year is Poisson random variable with mean 3, whereas the number in a bad year is a Poisson random variable with mean 5.

• Probability distribution for student survey

  Transform this into a numeric score, using the following random variable scale, and find a probability distribution for the results. b. Let X = the numeric score. Compute the expected value of X. c.

• Qualitative analysis: expected value and variance

  217001 Qualitative analysis: expected value and variance What are the expected value and variance of the following probability distribution? random variable x v.

• Computing Cumulative Function, Mean, and Variance

  (b) What is the cumulative probability function of random variable x? (c) What is the expected value? (d) What is the variance of the random variable? A. We need that B.

• Expectation E(X) and Variance Var (X) of X

  The expert calculates the expected value and variance for the random variable with the given probability distribution.

• Random Variables : Expected Values

  35487 Random Variables : Expected Values Let X be a random variable having expected value (mu) and variance (sigma)^2. Find the expected value and variance of: Y = (X - mu)/(sigma).

• Operating system using standard absorption cost: Anderson Ltd.

  At the start of the year, the management of Anderson Ltd. estimated that its costs would be: Direct labor 8% sales value Direct material 50% sales value Variable production overhead 8% sales value Fixed production overhead 12% sales value Administration