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Given the probability distributions shown to the right, complete the following p

ID: 2921897 • Letter: G

Question

Given the probability distributions shown to the right, complete the following parts.

a. Compute the expected value for each distribution.

b. Compute the standard deviation for each distribution.

c. Compare the results of distributions A and B.

Distribution A

Distribution B

X

P(X)

X

P(X)

0

0.030.03

0

0.530.53

1

0.110.11

1

0.190.19

2

0.140.14

2

0.140.14

3

0.190.19

3

0.110.11

4

0.530.53

4

0.030.03

Distribution A

Distribution B

X

P(X)

X

P(X)

0

0.030.03

0

0.530.53

1

0.110.11

1

0.190.19

2

0.140.14

2

0.140.14

3

0.190.19

3

0.110.11

4

0.530.53

4

0.030.03

Explanation / Answer

A) E(XA) = 0 * 0.03 + 1 * 0.11 + 2 * 0.14 + 3 * 0.19 + 4 * 0.53 = 3.08

E(XB) = 0 * 0.53 + 1 * 0.19 + 2 * 0.14 + 3 * 0.11 + 4 * 0.03 = 0.92

b) E(XA2) = 02 * 0.03 + 12 * 0.11 + 22 * 0.14 + 32 * 0.19 + 42 * 0.53 = 10.86

Var(XA) = E(XA2) - (E(XA))2 = 10.86 - 3.082 = 1.3736

SD(XA) = sqrt(1.3736) = 1.172

E(XB2) = 02 * 0.53 + 12 * 0.19 + 22 * 0.14 + 32 * 0.11 + 42 * 0.03 = 2.22

Var(XB) = E(XB2) - (E(XB))2 = 2.22 - 0.922 = 1.3736

SD(XB) = sqrt(1.3736) = 1.172

c) Stadard deviation is same for both the distribution. BUt mean is greater for distribution A