How do you find the mean of the random variable x?

X= 5,10,15,20,25
P(x) = 1/5, 1/5 , 1/5, 1/5, 1/5

What is the variance and standard deviation of the random variable x?
What is the standard deviation of the random variable x?

1 Answer
Jan 31, 2018

mean E(X)=15

Var(X)=50

sd=7.07

Explanation:

For a probability distribution

E(X)=allxxP(X=x)(1)

in this case we have

E(X)=5×15+10×15+15×15+20×15+25×15

E(X)=1+2+3+4+5

E(X)=15

the variance is calculated by

Var(X)=E(X2)E(X)(2)

where E(X2)=allxx2P(X=x)(3)

E(X2)=52×15+102×15+152×15+202×x15+252×15

E(X)=15(25+100+225+400+625)

E(X2)=275.

Var(X)=275152=275225=50

sd=Var(X)=50=7.07