If necessary consult a list of formulas Ex VarX Value of 10
(If necessary, consult a list of formulas.)
E(x)=
Var(X)=
| Value | |
| -10 | 0.10 | 
| 0 | 0.35 | 
| 10 | 0.10 | 
| 20 | 0.05 | 
| 30 | 0.40 | 
Solution
Consider this table:
x   P(x)   x P(x)   x^2 P(x)
 -10   0.1   -1   10
 0   0.35   0   0
 10   0.1   1   10
 20   0.05   1   20
 30   0.4   12   360
 Total       13   400
Thus,
E(x) = Sum( x P(x)) = 13 [answer]
Var(x) = E(x^2) - E(x)^2 = 400 - 13^2 = 231 [answer]

