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Find the expected value of a random variable which has the following probability distribution?

X: 2 4 6 8 10
P: 0.1 0.3 0.4 0.1 0.1

1. 5.2
2. 5.4
3. 5.6
4. 5.8

1 Answer

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Best answer
Correct Answer - Option 3 : 5.6

Calculation

We know expected value of random variable

f(x) = ∑xipi

where I = 1, 2, 3,-----n

f(x) = P1x1 + P2x2 + P3x3 + P4x4 + P5x5

⇒ f(x) = 0.1 × 2 + 0.3 × 4 + 0.4 × 6 + 0.1 × 8 + 0.1 × 10

⇒ 0.2 + 1.2 + 2.4 + 0.8 + 1

f(x) = 5.6

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