Given the following probability distribution compute the

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Reference no: EM13472120

Given the following probability distribution:

Distribution A		Distribution B
X	*P(X)*	X	*P(X)*
0	0.50	0	0.05
1	0.20	1	0.10
2	0.15	2	0.15
3	0.10	3	0.20
4	0.05	4	0.50

a. Compute the expected value for each distribution.

b. Compute the standard deviation for each distribution.

c. Compare and contrast the results of distributions A and B.

Reference no: EM13472120

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