If $X$ is a random variable with probability distribution as given below:
$X = x_i$ $0$ $1$ $2$ $3$
$P(X = X_i)$ $k$ $3k$ $3k$ $k$
The value of $k$ and its variance are:
  • A$\frac{1}{8},\frac{22}{27}$
  • B$\frac{1}{8},\frac{23}{27}$
  • C$\frac{1}{8},\frac{24}{27}$
  • D$\frac{1}{8},\frac{3}{4}$
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