Let X be a random variable with the following probability distribution. Value x of X P(X=x) 10 20 30. 40 50 0.10 0.30 0.20 0.25 0.15 Complete the following. (If necessary, consult a list of formulas.) (a) Find the expectation E (X) of X. E(X)= (b) Find the variance Var(X) of X. Var(x) =

MATLAB: An Introduction with Applications
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Let X be a random variable with the following probability distribution.
Value x of X P(X=x)
10
20
30
40
50
0.10
0.30
0.20
0.25
0.15
Complete the following. (If necessary, consult a list of formulas.)
(a) Find the expectation E (X) of X.
E (X) = 0
(b) Find the variance Var(X) of X.
Var(x) =
Transcribed Image Text:Let X be a random variable with the following probability distribution. Value x of X P(X=x) 10 20 30 40 50 0.10 0.30 0.20 0.25 0.15 Complete the following. (If necessary, consult a list of formulas.) (a) Find the expectation E (X) of X. E (X) = 0 (b) Find the variance Var(X) of X. Var(x) =
Expert Solution
Step 1
x p(x) x*p(x) x2*p(x) 
10 0.10 1 10
20 0.30 6 120
30 0.20 6 180
40 0.25 10 400
50 0.15 7.5 375
    Σx*p(x) = 30.5 Σx2*p(x) = 1085
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