SOCSCI 2J03 Lecture 16: SOCSCI 2J03 Lecture 16 – Mean and standard deviation of discrete random variables

57 views4 pages
Verified Note

Document Summary

Socsci 2j03 lecture 16 mean and standard deviation of discrete random variables. Mean of discrete variable: x is the value that is expected to occur per repetition, on average, if an experiment is repeated a large number of times. It can also be written as e(x) = 1. 80: therefore, on average, this machine is expected to break down 1. 80 times per week over a period (mann, 2016) of time. Standard deviation of discrete random variable: x measures the spread of its probability distribution and is computed as: The following table gives the probability distribution of x: calculate standard deviation of x, add xp(x) values all together and exp(x) value is the mean: (mann, 2016) s. 250 will have no hits in 10 trips to the plate. When to apply binomial : an experiment that satisfies the following four conditions is called a binomial experiment, 4 conditions, there are n identical trials.

Get access

Grade+20% off
$8 USD/m$10 USD/m
Billed $96 USD annually
Grade+
Homework Help
Study Guides
Textbook Solutions
Class Notes
Textbook Notes
Booster Class
40 Verified Answers
Class+
$8 USD/m
Billed $96 USD annually
Class+
Homework Help
Study Guides
Textbook Solutions
Class Notes
Textbook Notes
Booster Class
30 Verified Answers

Related Documents