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Mean Variance and Standard Deviation
Mean Variance and Standard Deviation
VARIANCE, AND
STANDARD
DEVIATION
MEAN OF RANDOM PROBABILITY
DISTRIBUTION
Definition:
The mean of discrete random variables, also known as
the expected value, is the weighted average of all
possible values of the random variables. The symbol use
for mean is
Formula:
Presentation title 3
ILLUSTRATIVE
EXAMPLES:
1. The report of a weather bureau on the
forecast of the number of typhoons
entering the country’s area of
responsibility is manifested in the
following probability distribution:
DISTRIBUTION FOR THE
Presentation title 4
PROBLEM
No. of typhoons per month Probability
(x) P(X = x)
0 0.15
1 0.35
2 0.3
3 0.1
4 0.1
SOLUTIONS FOR
COMPUTING
SOLUTION # 1 SOLUTION # 2
Error (x) 3 4 5 6 7
P(X=x) 0.25 0.1 0.3 0.15 0.2