The random variable X can take only the values 1 and 2. Given that P(X=1)=p and that $E(X^2)=E(X)+1.$ The value of p is :
Answer & explanation
Correct answer: option 2
The correct answer is Option (2) → $\frac{1}{2}$
$E(X)=P(X=1).1+P(X=2).2$
$E(X)=p+(1-p).2$
$=p+2-2p$
$=2-p$
$E(X^2)=P(X=1).1^2+P(X=2).2^2$
$=p+(1-p).4$
$=4-4p+p$
$=4-3p$
$E(X^2)=E(X)+1$ (given)
$4-3p=2-p+1$
$2p=1$
$p=\frac{1}{2}$