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Compute the mean of the random variable

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Reference no: EM13978058

The random variable x is the number of houses sold by a realtor in a single month at the real-estate office. Its probability distribution is:Houses sold (x) Probability P(x)

0 ...........0.09
1............0.24
2............0.21
3............0.17
4............0.03
5............0.15
6............0.09
7............0.02

a. Compute the mean of the random variable.
b. Compute the standard deviation of the random variable.

Reference no: EM13978058

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