Variance using given probability distribution

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Reference no: EM1312920

Computing expected values and variance using the given probability distribution.

What are the expected value and variance of the following probability distribution?

Random Variable X	Probability
1	0.05
2	0.05
3	0.10
4	0.10
5	0.15
6	0.15
7	0.25
8	0.15

Reference no: EM1312920

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