SOLUTION: Find the mean and standard deviation of the following probability distribution: x 1 2 3 P(x) .3 .4 .3

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Question 471255: Find the mean and standard deviation of the following probability distribution:

x 1 2 3
P(x) .3 .4 .3

Answer by ewatrrr(24785) About Me  (Show Source):
You can put this solution on YOUR website!
 
Hi,
Find the mean and standard deviation of the following probability distribution
x 1 2 3
P(x) .3 .4 .3
E(x) = 1*.3 +2*.4 +3*.3 = 2
sd = sqrt[(1-2)^2*.3 + (2-2)^2*.4 + (3-2)^2 *.3] = .77