60% members of a committee favour a certain proposal and 40% members oppose the proposal. A member is selected and let the random variable $X = 0$ if he opposes and $X = 1$ if he is in favour. Then the variance of the random variable X is |
$\frac{3}{5}$ $\frac{6}{5}$ $\frac{6}{25}$ $\frac{3}{10}$ |
$\frac{6}{25}$ |
The correct answer is Option (3) → $\frac{6}{25}$ ** Given probabilities: $P(X = 1) = 0.6$, $P(X = 0) = 0.4$ Mean: $E(X) = (1)(0.6) + (0)(0.4) = 0.6$ Variance formula for a Bernoulli random variable: $Var(X) = p(1 - p)$ Here, $p = 0.6$ $Var(X) = 0.6(1 - 0.6) = 0.6(0.4) = 0.24$ Variance of X = 0.24 |