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Consider the probability distribution shown below. x 0 1 2 P(x) 0.15 0.80 0.05 Compute the expected value of the distribution. (Enter a number.) Compute the standard deviation of the distribution. (Enter a number. Round your answer to four decimal places.)

Respuesta :

Answer:

Expected value =0.9

Standard deviation = 0.4359

Step-by-step explanation:

Let's use the formula to find expected value or mean.

Expected value =Σ x *P(x)

  x    0    1     2

P(x) ) .15  .8  .05

So, expected value = (0)(0.15) +1(0.8)+2(0.05)

                                = 0 +0.8 +0.1

                                =0.9

Expected value =0.9

Now, let's find standard deviation

x           [tex](x- E(x))^{2}[/tex]         [tex](x-E(x))^{2} *p(x)[/tex]

0           [tex](0-0.9)^{2}[/tex]            [tex](0-0.9)^{2} *0.15[/tex]  =0.1215

1            [tex](1-0.9)^{2}[/tex]            [tex](1-0.9)^{2} *0.8[/tex]    =0.008

2           [tex](2-0.9)^{2}[/tex]             [tex](2-0.9)^{2} *0.05[/tex]  =0.0605

Now, add the last column together and then take square root to find standard deviation.

Standard deviation of the distribution =[tex]\sqrt{0.1215+0.008+0.0605)}[/tex]

Simplify it, so standard deviation =0.4358898...

Round the answer to nearest four decimal places

Standard deviation = 0.4359