For the following probability distribution:
|
X |
3 |
4 |
5 |
|
P(X) |
0.5 |
0.2 |
0.3 |
The mean, variance and standard deviation respectively are:
Answer & explanation
Correct answer: option 4
The correct answer is Option (4) → 3.8, 0.76 and 0.87
$E(X)=∑(X.P(X))$
$=(3×0.5)+(4×0.2)+(5×0.3)$
$=1.5+0.8+1.5=3.8$
$Var(X)=E(X^2)-(E(X))^2$
$E(X^2)=∑(X^2.P(X))$
$=(3^2×0.5)+(4^2×0.2)+(5^2×0.3)$
$=4.5+3.2+7.5=15.2$
$Var(X)=15.2-(3.8)^2$
$=15.2-14.44$
$=0.76$
Standard Deviation = $SD(X)$
$SD(X)=\sqrt{Var(X)}$
$=\sqrt{0.76}≈0.8718$