The table below shows the probability distribution of the random variable X. . Find the mean of the random variable. o. Obtain the standard deviation o of the random variable. 1 2 3 P(X =x) 0.4 0.1 0.5 . Find the mean of the random variable. (Round to two decimal places as needed.) o. Obtain the standard deviation o of the random variable. (Round to two decimal places as needed.) %3D

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Estimation

A new framework of data analysis where the new statistical methods are used for interpreting the results and analyzing the data is known as estimation in statistics.