Consider two discrete probability distributions with the same sample space and the same expected value. Are the standard deviations of the two distributions necessarily equal? Explain. No, the individual probabilities may differ in a way that produces the same expected value but a different standard deviation.Yes, because both distributions have the same sample space, they will have the same standard deviation as well.     No, the standard deviations of two different discrete probability distributions are never equal.Yes, because both distributions have the same expected value, they will have the same standard deviation as well.

A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
Section: Chapter Questions
Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
icon
Related questions
icon
Concept explainers
Question

Consider two discrete probability distributions with the same sample space and the same expected value. Are the standard deviations of the two distributions necessarily equal? Explain.

No, the individual probabilities may differ in a way that produces the same expected value but a different standard deviation.Yes, because both distributions have the same sample space, they will have the same standard deviation as well.     No, the standard deviations of two different discrete probability distributions are never equal.Yes, because both distributions have the same expected value, they will have the same standard deviation as well.
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps with 1 images

Blurred answer
Knowledge Booster
Continuous Probability Distribution
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, probability and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
A First Course in Probability (10th Edition)
A First Course in Probability (10th Edition)
Probability
ISBN:
9780134753119
Author:
Sheldon Ross
Publisher:
PEARSON
A First Course in Probability
A First Course in Probability
Probability
ISBN:
9780321794772
Author:
Sheldon Ross
Publisher:
PEARSON