For the following probability distribution:
  x
f(x)
  0
0.01
  1
0.02
  2
0.10
  3
0.35
  4
0.20
  5
0.11
  6
0.08
  7
0.05
  8
0.04
  9
0.03
10
0.01
?
a.Determine E(x).b.Determine the variance and the standard deviation.

What will be an ideal response?



a.4.14
b.variance = 3.7     std. dev. = 1.924

Business

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