Name: Bualan, Eliza Jiann B. and Aplicador, Dipper Ore Filename: Last Name_ASS3 (BY-PAIR) ASSESSMENT 3 Instruction: Solve the mean, variance, and standard deviation of the following probability distributions. 1. πΏ π·(πΏ) πΏ β π·(πΏ) πΏπ β π·(πΏ) 1 1 1 1 or 0.14 1 β = 0.14 12 β = 0.14 7 7 7 2 2 2 6 or 0.29 2 6 β = 1.71 6 β = 10.29 7 7 7 2 2 2 11 or 0.29 11 β = 3.14 112 β = 34.57 7 7 7 1 1 1 16 or 0.14 16 β = 2.28 162 β = 36.57 7 7 7 1 1 1 21 or 0.14 2 21 β = 3 21 β = 63 7 7 7 Show your Solution: Solving for the Mean of the Probability Distribution: π = ∑ π β π(π) = 0.14 + 1.71 + 3.14 + 2.28 + 3 = 10.27 Therefore, the mean of the probability distribution is 9.25 or 9. Solving for Sum of πΏπ β π·(πΏ) : ∑ π 2 β π(π) = 0.14 + 10.29 + 34.57 + 36.57 + 63 = 144.57 Solving for Variance: π 2 = ∑ π 2 β π(π) − π2 π 2 = 144.57 − (10.27)2 π 2 = 144.57 − 105.47 π 2 = 39.10 Solving for Standard Deviation: π = √39.10 π = 6.25 2. The number of smartphones sold per day at a local store, along with its corresponding probabilities, is shown in the table. Find the mean, variance, and standard deviation of the distribution. Number of Smartphones Sold X 0 2 4 6 8 Probability π(π) 0.10 0.20 0.40 0.10 0.20 Show your solution: Number of Smartphones Sold X 0 2 4 6 8 Probability π(π) πΏ β π·(πΏ) πΏπ β π·(πΏ) 0.10 0.20 0.40 0.10 0.20 0 β 0.10 = 0 2 β 0.20 = 0.40 4 β 0.40 = 1.60 6 β 0.10 = 0.60 8 β 0.20 = 1.60 02 β 0.10 = 0 22 β 0.20 = 0.80 42 β 0.40 = 6.40 62 β 0.10 = 3.60 82 β 0.20 = 12.80 Solving for the Mean of the Probability Distribution: π = ∑ π β π(π) = 0 + 0.40 + 1.60 + 0.60 + 1.60 = 4.20 Therefore, the mean of the probability distribution is 4.20 or 4. This implies that the average number of smartphones that will be sold per day is 4.20 or 4 smartphones. Solving for Sum of πΏπ β π·(πΏ) : ∑ π 2 β π(π) = 0 + 0.80 + 6.40 + 3.60 + 12.80 = 23.6 Solving for Variance: π 2 = ∑ π 2 β π(π) − π2 π 2 = 23.60 − (4.20)2 π 2 = 23.60 − 17.64 π 2 = 5.96 Solving for Standard Deviation: π = √5.96 π = 2.44