For the probability functionx 1 2 3 4 5px 01 025 03 025, Ask an Expert

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For the probability function
x: 1, 2, 3, 4, 5
p(x): 0.1, 0.25, 0.3, 0.25, 0.1

would you expect the variance to be larger or smaller than the variance associated with the probability function used in the previous exercise? Verify your answer by computing the variance for the probability function given here.

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