Question
The random variable X can take only the values 0, 1, 2, 3. Given that P(2) = P(3) = p and P(0) = 2P(1). If $\Sigma$pixi2 = 2$\Sigma$pixi, find the value of p.

Answer

$\text{x}_{\text{i}}$ $\text{p}_{\text{i}}$ $\text{p}_{\text{i}}\text{x}_{\text{i}}$ $\text{p}_{\text{i}}\text{x}^{2}_{\text{i}}$

$0$

$1$

$2$

$3$

$\text{2q}$

$\text{q}$

$\text{p}$

$ \text{p}$

$0$

$\text{q}$

$\text{2p}$

$\text{3p}$

$0$

$\text{q}$

$\text{4p}$

$\text{9p}$

$\Sigma$pi = 1 ⇒ 3q + 2p= 1..(1)

$\Sigma$pixi2 = 2$\Sigma$pixi  ⇒ q = 3p..(2)

from (1) and (2), p = $\frac{1}{11}$

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