Calculating probability, expectation and standard deviation
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Consider a random variable with the following probability distribution:
P(X = 0) = 0.1,
P(X = 1) = 0.2,
P(X = 2) = 0.3,
P(X = 3) = 0.3, and
P(X = 4) = 0.1,
A) Find : P(X > 3 3|X > 2)
B) Find the expected value of X
C) Find the standard deviation of X
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Solution Summary
This solution is comprised of a detailed explanation for calculating the condition probability, expectation and standard deviation of a random variable. All formulas are provided and calculations are done in the solution.
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Consider a random variable with the following probability distribution:
P(X = 0) = 0.1,
P(X = 1) = 0.2,
P(X = 2) = 0.3,
P(X = 3) = 0.3, and
P(X = 4) = 0.1,
A) Find : P(X > 3|X > 2) ...
Purchase this Solution
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