IF X is a discrete random variable whose possible values are
IF X is a discrete random variable whose possible values are 1,2,3 and 4 and the mass function p(x) is proportional to 1/x find EX. I know I have to take take each x times its propability but I am unsure how to get each proabbailty for each value. The answer is 1.92
Solution
Here,
P(x) = c/x
Normalizing the sum to 1,
P(1) + P(2) + P(3) + P(4) = 1
c/1 + c/2 + c/3 + c/4 = 1
2.083333333c = 1
c = 0.48
Thus,
P(x) = 0.48/x
Consider the table:
Thus,
E(x) = Expected value = mean = 1.92 [ANSWER]
| x | P(x) | x P(x) |
| 1 | 0.48 | 0.48 |
| 2 | 0.24 | 0.48 |
| 3 | 0.16 | 0.48 |
| 4 | 0.12 | 0.48 |
