Calculate the mean and standard deviation of the probability distribution. Solution: Mean (x̄) is calculated using the formula given below x̄ = ∑ [xi * P (xi)] Mean (x̄) = 2 * 0.22 + 3 * 0.48 + 4 * 0.25 + 5 * 0.05 Mean (x̄) = 3.13 Standard
The standard deviation is the square root of the sum of the values in the third column. Thus, we would calculate it as: Standard deviation = √ (.3785 + .0689 + .1059 + .2643 + .1301) = 0.9734. The variance is simply the
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Calculate the mean of the squared differences. Next, find the average of your new set of numbers, which are 16, 4, 4 and 16. To do this, you can add them together and divide
Here's a quick preview of the steps we're about to follow: Step 1: Find the mean. Step 2: For each data point, find the square of its distance to the mean. Step 3: Sum the values from Step 2. Step 4: Divide by the number of data points. Step
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