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A discrete random variable X has the following probability distribution: P(X=0)=a, P(X=1)=a, P(X=2)=a, P(X=3)=b, P(X=4)=b. If P(X>=2) = 3P(X<2), find the values of a and b, and the expected value of X
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4 partsStep-by-step solution
3 stepsHere's how to solve the problem:
Step 1: Set up equations for and .
The sum of all probabilities in a distribution must equal 1:
The given condition is .
Calculate :
Calculate :
Substitute these into the given condition:
Step 2: Solve for and .
Substitute Equation 2 into Equation 1:
Now substitute the value of back into Equation 2 to find :
Part a· 1 step
The values of the probabilities and are
Calculate the expected value of , .
The formula for the expected value is .
Substitute the values of and :
Part b
The expected value of is
Calculate the standard deviation of , .
First, calculate :
Substitute the values of and :
Next, calculate the variance, :
Finally, calculate the standard deviation, :
Part c
The standard deviation of is
Calculate the expected value of where .
Using the property :
Substitute the value of :
Part d
The expected value of where is
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