Consider the following discrete probability distribution. a. b. C. X P(x) 1 0.1 2 0.4 3 0.3 5 0.1 8 0.1 Graphically depict this probability distribution. (Draw a probability histogram.) What is the probability that the random variable x is between 4 and 10? What is the probability that the random variable x is less than 3?

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Consider the following discrete probability distribution.

\[
\begin{array}{|c|c|c|c|c|c|}
\hline
x & 1 & 2 & 3 & 5 & 8 \\
\hline
P(x) & 0.1 & 0.4 & 0.3 & 0.1 & 0.1 \\
\hline
\end{array}
\]

a. Graphically depict this probability distribution. (Draw a probability histogram.)

b. What is the probability that the random variable \( x \) is between 4 and 10?

c. What is the probability that the random variable \( x \) is less than 3?
Transcribed Image Text:Consider the following discrete probability distribution. \[ \begin{array}{|c|c|c|c|c|c|} \hline x & 1 & 2 & 3 & 5 & 8 \\ \hline P(x) & 0.1 & 0.4 & 0.3 & 0.1 & 0.1 \\ \hline \end{array} \] a. Graphically depict this probability distribution. (Draw a probability histogram.) b. What is the probability that the random variable \( x \) is between 4 and 10? c. What is the probability that the random variable \( x \) is less than 3?
d. Construct a cumulative probability distribution.

e. Compute \( E(X) \), the expected value of \( x \). Show your work with a table similar to the one on page 62 of the course packet or page 230 of the textbook. You can enter the numbers in Excel and use Excel to construct a table.

f. Compute \( \sigma^2 \) (the variance of \( x \)) and \( \sigma \) (the standard deviation of \( x \)). Show your work with a table. Your answer in parts e and f can be in one table.
Transcribed Image Text:d. Construct a cumulative probability distribution. e. Compute \( E(X) \), the expected value of \( x \). Show your work with a table similar to the one on page 62 of the course packet or page 230 of the textbook. You can enter the numbers in Excel and use Excel to construct a table. f. Compute \( \sigma^2 \) (the variance of \( x \)) and \( \sigma \) (the standard deviation of \( x \)). Show your work with a table. Your answer in parts e and f can be in one table.
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