SOLUTION: Using the given information, find the expected value. X = 0, 1, 2, 4, 6 and the respective probabilities are .1, .2, ?, .3, .3
A) 3.5
B) 3.6
C) 3.3
D) 3.4
Algebra ->
Probability-and-statistics
-> SOLUTION: Using the given information, find the expected value. X = 0, 1, 2, 4, 6 and the respective probabilities are .1, .2, ?, .3, .3
A) 3.5
B) 3.6
C) 3.3
D) 3.4
Log On
X P(X)
---------
0 .1
1 .2
2 ?
4 .3
6 .3
For this to be a probability distribution, the sum
of the probabilities must = 1. So since the probability
of the other four values of X have sum
.1+.2+.3+.3 = .9, then P(2) = 1.0-.9 = .1 and the
distribution is:
X P(X) E(X)=X·P(X)
--------------------------
0 .1 0
1 .2 .2
2 .1 .2
4 .3 1.2
6 .3 1.8
--------------------------
Sum = 1 ∑E(X) = 3.4
Answer: ∑E(X) = 3.4
Edwin