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Question - Let Y be a random variable distributed as shown in the accompanying table.

y

0

1

2

3

p(y)

0.4

0.3

0.2

0.1

A) Find the mean of Y or, E(Y).

B) Find the standard deviation of Y, or sd(Y).

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M93123232

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