Find E(X), Var(X), and the standard deviation of X, where X is the random variable whose probability table is given in the table below.Outcome89745458Probability10610653What is the expected value of the random variable X associated with the probability table given in the problem statement?E(X) =(Type an integer or a simplified fraction.)What is the variance of the random variable X?Var(X) = (Type an integer or a simplified fraction.)What is the standard deviation of the random variable X?(Type an integer or a simplified fraction.)

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Answered: Find E(X), Var(X), and the standard…

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...

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Directions: Compute the expected value, variance, and standard deviation for random variable X whose probability table is given below: Possible Outcome -1 0 1/7 1/7 Probability Probability Table for X 1. The Expected Value of X is E(X) 2. The Variance of X is Var(X) 3. The Standard Deviation of X is Std(X) 1 2 5/14 5/14

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