Compute the variance of the following probability distribution. If X is a random variable, then the variance is given by Var(X) = E(X²) - [E(X)]². k Pr(X= k) 0 0.1 1 0.3 2 0.5 3 0.1 Var(X) = (Type an integer or a decimal.)

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Compute the variance of the following probability distribution. If X is a random variable, then the variance is given by Var(X) = E (ײ) – [E(X)]².
k
Pr(X= k)
0
0.1
1
0.3
2
0.5
3
0.1
Var(X) =
(Type an integer or a decimal.)
Transcribed Image Text:Compute the variance of the following probability distribution. If X is a random variable, then the variance is given by Var(X) = E (ײ) – [E(X)]². k Pr(X= k) 0 0.1 1 0.3 2 0.5 3 0.1 Var(X) = (Type an integer or a decimal.)
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