Question
If X is a random variable with probability distribution as given below:

X = xi 0 1 2 3
P(X = Xi) k 3k 3k k

The value of k and its variance are:

  1. $\frac{1}{8},\frac{22}{27}$

  2. $\frac{1}{8},\frac{23}{27}$

  3. $\frac{1}{8},\frac{24}{27}$

  4. $\frac{1}{8},\frac{3}{4}$

Answer

  1. $\frac{1}{8},\frac{3}{4}$

Solution:

$\sum\limits_0^3\text{P}(\text{x})=1$

$\text{k}+3\text{k}+3\text{k}+\text{k}=1$

$\text{k}=\frac{1}{8}$

$\text{x}$

$\text{P}(\text{x})$

$\text{x}\text{P}(\text{x})$

$\text{x}^2\text{P}(\text{x})$

$0$

$\frac{1}{8}$

$0$

$0$

$1$

$\frac{3}{8}$

$\frac{3}{8}$

$\frac{3}{8}$

$2$

$\frac{3}{8}$

$\frac{6}{8}$

$\frac{12}{8}$

$3$

$\frac{1}{8}$

$\frac{3}{8}$

$\frac{9}{8}$

$\text{Total}$

 

$\text{E(x)}=\frac{12}{8}=1.5$

$\text{E}(\text{x}^2)=3$

$\text{V(x)}=\text{E}(\text{x}^2)-[\text{E}(\text{x})^2]$

$\text{V(x)}=3-(1.5)^2$

$\text{V(x)}=0.75=\frac{3}{4}$

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