Compute the variance of the probability distribution in the table below. Outcome Probability 73 0.5 74 75 76 0.2 0.1 0.2 Find the variance. 02=(Type an integer or a decimal.)
Compute the variance of the probability distribution in the table below. Outcome Probability 73 0.5 74 75 76 0.2 0.1 0.2 Find the variance. 02=(Type an integer or a decimal.)
Chapter8: Sequences, Series,and Probability
Section8.7: Probability
Problem 11ECP: A manufacturer has determined that a machine averages one faulty unit for every 500 it produces....
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![Compute the variance of the probability distribution in the table below.
Outcome
Probability
73
0.5
74
0.2
0.1
0.2
75
76
Find the variance.
02=
(Type an integer or a decimal.)](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F00286e1f-3dfa-463d-8755-33d1f443cb43%2Fc4ea3bf2-36ff-474d-9433-0d7ac3f5f9a6%2F6f1fzmq_processed.png&w=3840&q=75)
Transcribed Image Text:Compute the variance of the probability distribution in the table below.
Outcome
Probability
73
0.5
74
0.2
0.1
0.2
75
76
Find the variance.
02=
(Type an integer or a decimal.)
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