SOLUTION: Let X be a random variable with the following probability distribution: Value x of X P=Xx 40 0.10 50 0.65 60 0.20 70 0.05 Find the expectation E (X) and variance (X) of

Algebra ->  Probability-and-statistics -> SOLUTION: Let X be a random variable with the following probability distribution: Value x of X P=Xx 40 0.10 50 0.65 60 0.20 70 0.05 Find the expectation E (X) and variance (X) of      Log On


   



Question 1158421: Let X be a random variable with the following probability distribution:
Value
x
of
X P=Xx
40 0.10
50 0.65
60 0.20
70 0.05
Find the expectation E (X) and variance (X) of X

Answer by Shin123(626) About Me  (Show Source):
You can put this solution on YOUR website!
The expected value is 40%2A0.1%2B50%2A0.65%2B60%2A0.2%2B70%2A0.05=4%2B32.5%2B12%2B3.5=52. The variance is .