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]
