What is the expected value E(X) for this distribution

College Algebra
10th Edition
ISBN:9781337282291
Author:Ron Larson
Publisher:Ron Larson
Chapter8: Sequences, Series,and Probability
Section8.7: Probability
Problem 11ECP: A manufacturer has determined that a machine averages one faulty unit for every 500 it produces....
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What is the expected value E(X) for this distribution
The discrete random variable X is the number of passengers waiting
at a bus stop. The table below shows the probability distribution for
X. What is the expected value EX) for this distribution?
3
Total
P (X)
.40
.30
.20
.10
1.00
rev: 03_12_2019_QC_CS-162543
Multiple Choice
1.1
1.0
1.7
Transcribed Image Text:The discrete random variable X is the number of passengers waiting at a bus stop. The table below shows the probability distribution for X. What is the expected value EX) for this distribution? 3 Total P (X) .40 .30 .20 .10 1.00 rev: 03_12_2019_QC_CS-162543 Multiple Choice 1.1 1.0 1.7
Expert Solution
Step 1 Introduction:

Random Variable: A random variable is a real valued function that assign a real number to each outcome (i.e., sample point) of a random experiment. Random variable divided into two types they are

  • Discrete random variable - A random variable say "x", which can take finite number of values in the interval of                                                       domain
  • Continuous random variable - A random variable say "x", which can take any value in its domain or in an interval.

The Mean (expected value) of the random variable x is denoted by E[X] 

i.e., E[X] = i=1nxi p(xi)

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