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A. Develop a probability distribution for x

b. Compute the expected value of x
c. Compute the variance and standard deviation for x
d. Comment on what your results imply about wind conditions during boating accidents

A. Develop a probability distribution for x b. Compute the expected value of x c. Compute-example-1

1 Answer

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a. Answer:The corresponding probabilities are obtained by converting the percentages into probabilities. That is, by dividing each value with 100.

F/N (where F =percentage of accidents and N =100)

Step-by-step explanation:

X 0 1 2 3 4

f(X) 0.096 0.57 0.238 0.077 0.019

b. The formula for the expected value of a discrete random variable is E(x)= µ=∑xf(x)

X F(X) X.f(X)

0 0.096 0

1 0.57 0.57

2 0.238 0.476

3 0.077 0.231

4 0.019 0.076

Total 1 1.353

Hence, the value for expected value of X is 1.353

The formula for the variance of the discrete random variables is Var(x)= σ² =∑(x-µ)²f(x)

X F(X) (x-µ) (x-µ)² (x-µ)².f(x)

0 0.096 -1.353 1.8306 0.1757

1 0.57 -0.353 0.1246 0.0710

2 0.238 0.647 0.4186 0.0996

3 0.077 1.647 2.7126 0.2089

4 0.019 2.647 7.0066 0.1331

Total 1 3.235 12.0930 0.6884

Hence, the variance of the random variable x is 0.6884

The formula for the standard deviation of the discrete random variables is

σ=√(∑[(x-µ)².f(x)] )

Thus, the standard deviation is σ= √0.6884

=0.8297

Hence, the standard deviation of the random variable x is 0.8297

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