Random variables and probability distributions

Assignment Help Basic Statistics

Reference no: EM1399663

Sample question:

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)

0.09

0.24

0.21

0.17

0.03

0.15

0.09

0.02

a. Compute the mean of the random variable.

b. Compute the standard deviation of the random variable.

Reference no: EM1399663

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