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Compute the standard deviation

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Question - CIDM 6300c is a computer-consulting firm. The number of new clients that they have obtained each month has ranged from 0 to 8. The number of new clients has the probability distribution that is shown below.

New Clients

Probability

0

0.05

1

0.08

2

0.15

3

0.30

4

0.21

5

0.09

6

0.06

7

0.05

8

0.01

Required -

a) Calculate the variance.

b) Compute the standard deviation.

Reference no: EM133174646

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