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1. Compute the mean, variance and standard deviation of the of the following discrete probability distribution: Probability.P
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Answer #1

The details for the second question is not complete but I answered which is shown in the image.

For any doubt or clarification do the comment.

This can be done in excel also:

Mean Command " =average(range)"

Standard Deviation "=st.dev(data range)

Here is the solution:

P(x) 04 Querbon ap(x) xa p(x) 0.4 0.9 04 0:8 1:6 0:3 09 2.7 0:1 16 Mean= Exp(x) = (1X0:2) + ( 2x04) + ( 3x0.3) + ( 4x0:1 = 2.

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