A Discussion On E(X) and Var(X) of X
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Let x be a random variable with the following probability distribution:
Value x of X......P(X = x)
........-1...............0.05
.........0...............0.05
.........1...............0.60
.........2...............0.05
.........3...............0.15
.........4...............0.10
Find the expectation E(X) and variance var(X) of X.
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Solution Summary
This solution is comprised of calculations to help determine E(X) and Var(X). It is provided in an attached Word document.
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