Solve the problem. 1) The random variable x represents the number of credit cards that adults have along with the corresponding probabilities. Find the mean and variance.. x P(x) 0 0.07 1 0.68 2 0.21 3 0.03 4 0.01 A) mean: 1.30; variance: 0.32 B) mean: 1.23; variance: 0.44 C) mean: 1.23; variance: 0.33 D) mean: 1.30; variance: 0.44

MATLAB: An Introduction with Applications
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Author:Amos Gilat
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Chapter1: Starting With Matlab
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Solve the problem.
1) The random variable x represents the number of credit cards that adults have along with the corresponding
probabilities. Find the mean and variance..
x P(x)
0 0.07
1 0.68
2 0.21
3 0.03
4
0.01
A) mean: 1.30; variance: 0.32
B) mean: 1.23; variance: 0.44
C) mean: 1.23; variance: 0.33
D) mean: 1.30; variance: 0.44
Transcribed Image Text:Solve the problem. 1) The random variable x represents the number of credit cards that adults have along with the corresponding probabilities. Find the mean and variance.. x P(x) 0 0.07 1 0.68 2 0.21 3 0.03 4 0.01 A) mean: 1.30; variance: 0.32 B) mean: 1.23; variance: 0.44 C) mean: 1.23; variance: 0.33 D) mean: 1.30; variance: 0.44
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