Given the probability distribution below. (a) Find P(X = 1). (b) Calculate the expected value E(X). X P(X) 0 0.08 1 2 0.42 3 0.38

College Algebra
7th Edition
ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter9: Counting And Probability
Section9.4: Expected Value
Problem 20E
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Given the probability distribution below. (a) Find P(X = 1).
(b) Calculate the expected value E(X).
X P(X) 0 0.08 1
2 0.42 3 0.38

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