Statistics Homework Solutions
Problem
#2108

Find the mean and standard deviation of X:

The random variable X is the number of houses per month sold by a realtor.  The probability distribution is given below. Find the mean and standard deviation of X:

   X (houses sold)    /            f(x)
____________________________________________

         (0 , 0.24)
         (1 , 0.01)
         (2 , 0.12)
         (3 , 0.16)
         (4 , 0.01)
         (5 , 0.14)
         (6 , 0.11)
         (7 , 0.21)


Solution Summary

This will show you how to calculate means and standard deviations.

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