Finite Math and Applied Calculus (6th Edition)

Published by Brooks Cole
ISBN 10: 1133607705
ISBN 13: 978-1-13360-770-0

Chapter 8 - Section 8.4 - Measures of Dispersion - Exercises - Page 589: 13

Answer

Here, the variance is: $(-5-(-.1))^2*(.2)+(-1-(-.1))^2*(.3)+(0-(-.1))^2*(.2)+(2-(-.1))^2*(.1)+(5-(-.1))^2*(.2)+(10-(-.1))^2*0=10.69$ The standard deviation is the square root of the variance: The standard deviation here equals to $\sqrt{10.69}=3.27$

Work Step by Step

In order to calculate the standard deviation, we have to get the expected value of the probability distribution. Here, we can calculate it as: $p_{1}\times X_1+p_2 \times X_2 +...$ Where $p$ is the probability, $X$ is the value for every possible value of the distribution. The expected value is: $(.2)*-5+(.3)*-1+(.2)*0+(.1)*2+(.2)*5+0*10=-.1$ The variance of X can be calculated as: $(X_1-E(X))^2*p_1+(X_2-E(X))^2*p_2+...$ Here, the variance is: $(-5-(-.1))^2*(.2)+(-1-(-.1))^2*(.3)+(0-(-.1))^2*(.2)+(2-(-.1))^2*(.1)+(5-(-.1))^2*(.2)+(10-(-.1))^2*0=10.69$ The standard deviation is the square root of the variance: The standard deviation here equals to $\sqrt{10.69}=3.27$
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