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INSTRUCTIONS: Read each problem carefully. Write solutions neatly. NO SOLUTION, NO POINTS. Express answers in lowest terms.

Find the expected value and the standard deviation of each random variable.
a,






x
10
20
30



P(x)
0.10
0.70
0.20



x^(**)P(x)







b.





x
2
4
6
8



P(x)
0.30
0.20
0.10
0.40



x^(**)P(x)

INSTRUCTIONS: Read each problem carefully. Write solutions neatly. NO SOLUTION, NO POINTS. Express answers in lowest terms.\newline11. Find the expected value and the standard deviation of each random variable.\newlinea,\newline\begin{tabular}{|c|c|c|c|}\newline\hlinex x & 1010 & 2020 & 3030 \\\newline\hlineP(x) P(x) & 00.1010 & 00.7070 & 00.2020 \\\newline\hlinexP(x) x^{*} P(x) & & & \\\newline\hline\newline\end{tabular}\newlineb.\newline\begin{tabular}{|c|c|c|c|c|}\newline\hlinex x & 22 & 44 & 66 & 88 \\\newline\hlineP(x) P(x) & 00.3030 & 00.2020 & 00.1010 & 00.4040 \\\newline\hlinexP(x) x^{*} P(x) & & & & \\\newline\hline\newline\end{tabular}

Full solution

Q. INSTRUCTIONS: Read each problem carefully. Write solutions neatly. NO SOLUTION, NO POINTS. Express answers in lowest terms.\newline11. Find the expected value and the standard deviation of each random variable.\newlinea,\newline\begin{tabular}{|c|c|c|c|}\newline\hlinex x & 1010 & 2020 & 3030 \\\newline\hlineP(x) P(x) & 00.1010 & 00.7070 & 00.2020 \\\newline\hlinexP(x) x^{*} P(x) & & & \\\newline\hline\newline\end{tabular}\newlineb.\newline\begin{tabular}{|c|c|c|c|c|}\newline\hlinex x & 22 & 44 & 66 & 88 \\\newline\hlineP(x) P(x) & 00.3030 & 00.2020 & 00.1010 & 00.4040 \\\newline\hlinexP(x) x^{*} P(x) & & & & \\\newline\hline\newline\end{tabular}
  1. Calculate Expected Value Set A: Calculate the expected value for set aa. Multiply each value of xx by its corresponding probability P(x)P(x) and sum the results.\newlineCalculation: (10×0.10)+(20×0.70)+(30×0.20)=1+14+6=21(10 \times 0.10) + (20 \times 0.70) + (30 \times 0.20) = 1 + 14 + 6 = 21.
  2. Calculate Variance Set A: Calculate the variance for set a. Subtract the expected value from each xx, square the result, multiply by the corresponding P(x)P(x), and sum all.\newlineCalculation: ((1021)2×0.10)+((2021)2×0.70)+((3021)2×0.20)=121×0.10+1×0.70+81×0.20=12.1+0.7+16.2=29((10-21)^2 \times 0.10) + ((20-21)^2 \times 0.70) + ((30-21)^2 \times 0.20) = 121 \times 0.10 + 1 \times 0.70 + 81 \times 0.20 = 12.1 + 0.7 + 16.2 = 29.
  3. Calculate Standard Deviation Set A: Calculate the standard deviation for set aa by taking the square root of the variance.\newlineCalculation: 295.39\sqrt{29} \approx 5.39.
  4. Calculate Expected Value Set B: Calculate the expected value for set bb. Multiply each value of xx by its corresponding probability P(x)P(x) and sum the results.\newlineCalculation: (2×0.30)+(4×0.20)+(6×0.10)+(8×0.40)=0.6+0.8+0.6+3.2=5.2(2 \times 0.30) + (4 \times 0.20) + (6 \times 0.10) + (8 \times 0.40) = 0.6 + 0.8 + 0.6 + 3.2 = 5.2.
  5. Calculate Variance Set B: Calculate the variance for set bb. Subtract the expected value from each xx, square the result, multiply by the corresponding P(x)P(x), and sum all.\newlineCalculation: ((25.2)2×0.30)+((45.2)2×0.20)+((65.2)2×0.10)+((85.2)2×0.40)=10.24×0.30+1.44×0.20+0.64×0.10+7.84×0.40=3.072+0.288+0.064+3.136=6.56((2-5.2)^2 \times 0.30) + ((4-5.2)^2 \times 0.20) + ((6-5.2)^2 \times 0.10) + ((8-5.2)^2 \times 0.40) = 10.24 \times 0.30 + 1.44 \times 0.20 + 0.64 \times 0.10 + 7.84 \times 0.40 = 3.072 + 0.288 + 0.064 + 3.136 = 6.56.
  6. Calculate Standard Deviation Set B: Calculate the standard deviation for set b by taking the square root of the variance.\newlineCalculation: 6.562.56\sqrt{6.56} \approx 2.56.

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